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Canoe EIT Income Fund (TSE:EIT.UN) Stock Price Up 0.8% - What's Next?

Canoe EIT Income Fund logo with background

Shares of Canoe EIT Income Fund (TSE:EIT.UN - Get Free Report) shot up 0.8% during mid-day trading on Wednesday . The stock traded as high as C$15.68 and last traded at C$15.68. 299,909 shares were traded during trading, an increase of 64% from the average session volume of 183,166 shares. The stock had previously closed at C$15.56.

Canoe EIT Income Fund Price Performance

The company has a market cap of C$2.85 billion and a PE ratio of 6.97.

Canoe EIT Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, June 13th were given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.65%. The ex-dividend date of this dividend was Friday, May 23rd.

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