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

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 given a dividend of 0.30 per share on Tuesday, December 31st. This represents a $1.20 annualized dividend and a yield of 0.71%. The ex-dividend date is Monday, December 16th.

Economic Investment Trust Price Performance

EVT stock remained flat at C$170.00 during mid-day trading on Thursday. The company’s stock had a trading volume of 187 shares, compared to its average volume of 636. The company has a market cap of C$955.40 million, a P/E ratio of 3.30 and a beta of 0.75. The company has a fifty day moving average of C$164.44 and a two-hundred day moving average of C$152.11. Economic Investment Trust has a 52 week low of C$131.40 and a 52 week high of C$170.00.

Insider Buying and Selling at Economic Investment Trust

In related news, insider Economic Investment Trust Limited purchased 200 shares of Economic Investment Trust stock in a transaction on Tuesday, October 22nd. The shares were bought 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 directly owns 200 shares of the company’s stock, valued at approximately C$32,280. 79.70% of the stock is owned by corporate insiders.

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.