Economic Investment Trust (TSE:EVT) Shares Up 0.5% - What's Next?

Shares of Economic Investment Trust Limited (TSE:EVT - Get Free Report) were up 0.5% during mid-day trading on Wednesday . The stock traded as high as C$165.00 and last traded at C$165.00. Approximately 1,564 shares were traded during trading, an increase of 131% from the average daily volume of 678 shares. The stock had previously closed at C$164.19.

Economic Investment Trust Trading Down 1.0 %

The company has a market capitalization of C$896.39 million, a price-to-earnings ratio of 3.10 and a beta of 0.75. The stock has a 50-day simple moving average of C$177.83 and a 200-day simple moving average of C$171.40.

Economic Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date was Friday, March 14th.

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.