Canoe EIT Income Fund (OTCMKTS:ENDTF) to Issue Dividend of $0.07

Canoe EIT Income Fund (OTCMKTS:ENDTF) announced a dividend on Tuesday, September 17th, investing.com reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.074 per share on Tuesday, October 15th. This represents a yield of 8.49%. The ex-dividend date is Friday, September 20th. This is a positive change from Canoe EIT Income Fund’s previous dividend of $0.07.

Canoe EIT Income Fund Price Performance

Shares of ENDTF stock opened at C$10.67 on Wednesday. Canoe EIT Income Fund has a fifty-two week low of C$8.76 and a fifty-two week high of C$10.67. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market capitalization of C$1.27 billion and a price-to-earnings ratio of 3.03. The stock’s 50-day simple moving average is C$10.22 and its 200-day simple moving average is C$10.12.

About Canoe EIT Income Fund

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.