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

Economic Investment Trust Limited (TSE:EVT - Get Free Report) 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 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Friday, March 14th.

Economic Investment Trust Price Performance

TSE EVT traded down C$22.78 during trading hours on Friday, reaching C$161.22. 521 shares of the company's stock traded hands, compared to its average volume of 688. Economic Investment Trust has a 52-week low of C$134.00 and a 52-week high of C$193.59. The firm has a market cap of C$906.06 million, a PE ratio of 3.13 and a beta of 0.75. The firm has a 50-day simple moving average of C$181.31 and a 200 day simple moving average of C$171.91.

Insiders Place Their Bets

In other news, insider Economic Investment Trust Limited bought 300 shares of the firm's stock in a transaction on Wednesday, December 18th. The stock was acquired at an average cost of C$164.00 per share, with a total value of C$49,200.00. Corporate insiders own 79.70% of the company's stock.

Economic Investment Trust Company Profile

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.