Economic Investment Trust Limited (TSE:EVT - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$187.80 and last traded at C$187.80, with a volume of 538 shares changing hands. The stock had previously closed at C$184.83.
Economic Investment Trust Stock Performance
The stock's 50-day simple moving average is C$173.52 and its 200-day simple moving average is C$167.62. The firm has a market capitalization of C$1.07 billion, a PE ratio of 3.69 and a beta of 0.75.
Economic Investment Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date of this dividend was Monday, December 16th.
Insider Transactions at Economic Investment Trust
In other Economic Investment Trust news, insider Economic Investment Trust Limited bought 300 shares of Economic Investment Trust stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average cost of C$164.00 per share, with a total value of C$49,200.00. Insiders own 79.70% of the company's stock.
Economic Investment Trust Company Profile
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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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