Economic Investment Trust Limited Announces Quarterly Dividend of $0.30 (TSE:EVT)

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Economic Investment Trust Limited (TSE:EVT - Get Free Report) declared a quarterly dividend on Monday, April 29th, Zacks reports. Stockholders of record on Friday, June 14th will be paid a dividend of 0.30 per share on Friday, June 28th. This represents a $1.20 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Friday, June 14th.

Economic Investment Trust Price Performance

Shares of TSE EVT remained flat at C$143.48 during mid-day trading on Wednesday. The firm has a market capitalization of C$806.36 million, a PE ratio of 2.79 and a beta of 0.72. The stock's 50-day moving average is C$141.06 and its 200 day moving average is C$136.84. Economic Investment Trust has a 1 year low of C$121.95 and a 1 year high of C$144.60.

Economic Investment Trust (TSE:EVT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 13th. The company reported C$1.20 earnings per share for the quarter. The company had revenue of C$123.11 million during the quarter. Economic Investment Trust had a return on equity of 13.02% and a net margin of 84.85%.

About Economic Investment Trust

(Get Free Report)

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.

Further Reading

Dividend History for Economic Investment Trust (TSE:EVT)

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