Shares of Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$11.16 and traded as high as C$11.47. Canoe EIT Income Fund shares last traded at C$11.46, with a volume of 956 shares.
Canoe EIT Income Fund Price Performance
The company has a 50 day moving average of C$11.18 and a 200-day moving average of C$10.78. The firm has a market capitalization of C$1.36 billion and a P/E ratio of 3.24. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 29.91.
Canoe EIT Income Fund Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 23rd will be given a dividend of $0.0732 per share. This represents a dividend yield of 7.66%. This is an increase from Canoe EIT Income Fund's previous dividend of $0.07. The ex-dividend date is Friday, June 20th. Canoe EIT Income Fund's dividend payout ratio is presently 17.05%.
About Canoe EIT Income Fund
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Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.
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