Economic Investment Trust Limited (TSE:EVT - Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as C$19.50 and last traded at C$197.00, with a volume of 600 shares. The stock had previously closed at C$198.00.
Economic Investment Trust Trading Down 3.8%
The firm has a market cap of C$112.40 million, a PE ratio of 0.39 and a beta of 0.75. The company has a 50 day moving average price of C$161.54 and a 200 day moving average price of C$170.57.
Economic Investment Trust Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.12 dividend on an annualized basis and a yield of 0.60%.
About Economic Investment Trust
(
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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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