Economic Investment Trust Limited (EVT) To Go Ex-Dividend on December 16th

Economic Investment Trust Limited (TSE:EVT) declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Investors of record on Monday, December 16th will be paid a dividend of 0.30 per share on Tuesday, December 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Monday, December 16th.

Economic Investment Trust Stock Performance

EVT stock remained flat at C$170.00 during midday trading on Thursday. 187 shares of the company’s stock were exchanged, compared to its average volume of 636. The firm has a 50 day simple moving average of C$164.44 and a two-hundred day simple moving average of C$152.11. Economic Investment Trust has a fifty-two week low of C$131.40 and a fifty-two week high of C$170.00. The firm has a market capitalization of C$955.40 million, a P/E ratio of 3.30 and a beta of 0.75.

Insider Activity

In other Economic Investment Trust news, insider Economic Investment Trust Limited purchased 200 shares of the company’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were acquired at an average price of C$161.40 per share, with a total value of C$32,280.00. Following the transaction, the insider now owns 200 shares in the company, valued at C$32,280. Corporate insiders own 79.70% of the company’s stock.

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.