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Canoe EIT Income Fund (TSE:EIT.UN) Hits New 1-Year High Following Dividend Announcement

Written by MarketBeat
October 24, 2025
Canoe EIT Income Fund logo with background

Key Points

  • Canoe EIT Income Fund shares reached a new 52-week high of C$25.68 following a recent dividend announcement.
  • The company announced a dividend of $0.10 per share, with a yield of 7.8%, set to be paid on November 14th.
  • As of the announcement, Canoe EIT Income Fund has a market capitalization of C$2.83 billion and a PE ratio of 4.90.
  • Five stocks we like better than Canoe EIT Income Fund.

Shares of Canoe EIT Income Fund (TSE:EIT.UN - Get Free Report) reached a new 52-week high during trading on Thursday following a dividend announcement from the company. The company traded as high as C$25.68 and last traded at C$15.42, with a volume of 196092 shares changing hands. The stock had previously closed at C$15.36.The newly announced dividend which will be paid on Friday, November 14th. Investors of record on Friday, November 14th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, October 22nd. This represents a c) annualized dividend and a yield of 7.8%. Canoe EIT Income Fund's dividend payout ratio is 38.10%.

Canoe EIT Income Fund Trading Up 0.4%

The company has a market capitalization of C$2.83 billion, a PE ratio of 4.90 and a beta of 0.47. The stock has a 50-day moving average of C$15.38.

Canoe EIT Income Fund Company Profile

(Get Free Report)

The investment objectives of the Fund are to maximize monthly distributions relative to risk and maximize Net Asset Value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the Manager may determine in its sole discretion from time to time.

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