Canoe EIT Income Fund (OTCMKTS:ENDTF) Raises Dividend to $0.07 Per Share

Canoe EIT Income Fund (OTCMKTS:ENDTF) announced a dividend on Wednesday, April 16th, investing.com reports. Stockholders of record on Thursday, April 24th will be given a dividend of 0.0703 per share on Thursday, May 15th. This represents a dividend yield of 7.9%. The ex-dividend date of this dividend is Wednesday, April 23rd. This is a 1.0% increase from Canoe EIT Income Fund’s previous dividend of $0.07.

Canoe EIT Income Fund Price Performance

Shares of Canoe EIT Income Fund stock opened at C$10.80 on Thursday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 29.91. The stock has a market capitalization of C$1.29 billion and a price-to-earnings ratio of 3.07. Canoe EIT Income Fund has a twelve month low of C$8.06 and a twelve month high of C$11.75. The company has a 50-day simple moving average of C$10.51 and a two-hundred day simple moving average of C$10.72.

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.