Economic Investment Trust Limited Declares Quarterly Dividend of $0.03 (TSE:EVT)

Key Points

• Economic Investment Trust Limited declared a quarterly dividend of $0.03 per share, with dividends to be paid on September 29th to investors recorded as of September 29th.
• The company's stock price rose by 1.0% to hit C$19.85, with a market capitalization of C$111.56 million and a PE ratio of 0.39.
• Economic Investment Trust is a closed-ended equity mutual fund managed by Burgundy Asset Management, investing globally in diversified sectors and benchmarks against major indices like the S&P/TSX Composite Index.

Economic Investment Trust Limited (TSE:EVT - Get Free Report) announced a quarterly dividend on Monday, September 15th, TickerTech Dividends reports. Investors of record on Monday, September 29th will be paid a dividend of 0.03 per share on Monday, September 29th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, September 15th.

Economic Investment Trust Trading Up 1.0%

Economic Investment Trust stock traded up C$0.20 during mid-day trading on Friday, hitting C$19.85. The company had a trading volume of 1,385 shares, compared to its average volume of 4,968. The stock's 50 day moving average price is C$19.58 and its two-hundred day moving average price is C$88.16. The company has a market capitalization of C$111.56 million, a PE ratio of 0.39 and a beta of 0.75. Economic Investment Trust has a 12 month low of C$15.60 and a 12 month high of C$20.80.

About Economic Investment Trust

Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P/TSX Composite Index, MSCI World Index, and S&P 500 Index.

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