Shares of Economic Investment Trust Limited (TSE:EVT – Get Free Report) rose 0.1% on Wednesday . The company traded as high as C$23.11 and last traded at C$23.11. 2,810 shares were traded during trading, an increase of 51% from the average daily volume of 1,857 shares. The stock had previously closed at C$23.09.
Economic Investment Trust Price Performance
The business has a fifty day simple moving average of C$23.47 and a 200 day simple moving average of C$23.34. The company has a market cap of C$130.10 million, a price-to-earnings ratio of 0.45 and a beta of 0.75.
Economic Investment Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 15th.
About Economic Investment Trust
The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.
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