Shares of Economic Investment Trust Limited (TSE:EVT – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$200.00 and last traded at C$200.00, with a volume of 650 shares. The stock had previously closed at C$189.00.
Economic Investment Trust Trading Up 1.0%
The company has a market cap of C$1.12 billion, a PE ratio of 3.86 and a beta of 0.75. The business’s 50-day simple moving average is C$167.21 and its 200-day simple moving average is C$172.59.
Economic Investment Trust Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.03 per share. The ex-dividend date is Friday, May 23rd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.06%.
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.
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