Free Trial

Canoe EIT Income Fund (TSE:EIT.UN) Trading Down 1% - Here's What Happened

Canoe EIT Income Fund logo with background

Canoe EIT Income Fund (TSE:EIT.UN - Get Free Report) shares fell 1% during mid-day trading on Tuesday . The company traded as low as C$15.25 and last traded at C$15.25. 160,600 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 190,721 shares. The stock had previously closed at C$15.40.

Canoe EIT Income Fund Stock Performance

The stock has a market cap of C$2.80 billion and a P/E ratio of 6.85.

Canoe EIT Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, June 13th will be paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 7.79%. The ex-dividend date is Friday, May 23rd.

Recommended Stories

Should You Invest $1,000 in Canoe EIT Income Fund Right Now?

Before you consider Canoe EIT Income Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canoe EIT Income Fund wasn't on the list.

While Canoe EIT Income Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now Cover

Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.

Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines