Economic Investment Trust Limited (EVT) to Issue Quarterly Dividend of $0.30 on December 31st

Economic Investment Trust Limited (TSE:EVT) announced a quarterly dividend on Monday, December 16th,Zacks Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.30 per share on Tuesday, December 31st. This represents a $1.20 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Monday, December 16th.

Economic Investment Trust Price Performance

Shares of Economic Investment Trust stock opened at C$164.80 on Friday. The business has a 50-day simple moving average of C$169.17 and a 200 day simple moving average of C$157.56. Economic Investment Trust has a one year low of C$131.61 and a one year high of C$177.71. The firm has a market capitalization of C$926.18 million, a price-to-earnings ratio of 3.20 and a beta of 0.75.

Insider Buying and Selling

In other Economic Investment Trust news, insider Economic Investment Trust Limited purchased 200 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was bought at an average cost of C$161.40 per share, with a total value of C$32,280.00. Following the completion of the transaction, the insider now owns 200 shares of the company’s stock, valued at C$32,280. The trade was a ∞ increase in their position. 79.70% of the stock is currently owned by company insiders.

Economic Investment Trust Company Profile

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.