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

Economic Investment Trust Limited (TSE:EVT) declared a quarterly dividend on Monday, April 29th, Zacks reports. Investors of record on Friday, June 14th will be paid a dividend of 0.30 per share on Friday, June 28th. This represents a $1.20 annualized dividend and a yield of 0.84%. The ex-dividend date is Friday, June 14th.

Economic Investment Trust Price Performance

Shares of EVT stock opened at C$143.48 on Wednesday. Economic Investment Trust has a 52-week low of C$121.95 and a 52-week high of C$144.60. The stock’s 50-day moving average price is C$141.06 and its 200 day moving average price is C$136.84. The stock has a market capitalization of C$806.36 million, a PE ratio of 2.79 and a beta of 0.72.

Economic Investment Trust (TSE:EVT) last announced its quarterly earnings data on Tuesday, February 13th. The company reported C$1.20 earnings per share for the quarter. Economic Investment Trust had a return on equity of 13.02% and a net margin of 84.85%. The company had revenue of C$123.11 million for the quarter.

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.