Economic Investment Trust Limited (TSE:EVT) to Issue $0.30 Quarterly Dividend

Economic Investment Trust Limited (TSE:EVT) declared a quarterly dividend on Friday, March 14th, TickerTech Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.30 per share on Monday, March 31st. This represents a $1.20 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Friday, March 14th.

Economic Investment Trust Stock Performance

TSE:EVT traded down C$0.52 during trading hours on Wednesday, reaching C$183.00. The company’s stock had a trading volume of 590 shares, compared to its average volume of 709. The firm has a 50-day simple moving average of C$180.61 and a 200-day simple moving average of C$171.54. Economic Investment Trust has a 1 year low of C$134.00 and a 1 year high of C$193.59. The firm has a market capitalization of C$1.03 billion, a price-to-earnings ratio of 3.56 and a beta of 0.75.

Insider Buying and Selling at Economic Investment Trust

In related news, insider Economic Investment Trust Limited acquired 300 shares of the stock in a transaction on Wednesday, December 18th. The stock was acquired at an average cost of C$164.00 per share, for a total transaction of C$49,200.00. 79.70% of the stock is currently 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.