Economic Investment Trust Limited (TSE:EVT - Get Free Report) shares were up 0.4% during mid-day trading on Monday . The stock traded as high as C$165.25 and last traded at C$165.25. Approximately 600 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 651 shares. The stock had previously closed at C$164.61.
Economic Investment Trust Stock Performance
The business has a fifty day moving average price of C$163.77 and a 200 day moving average price of C$151.05. The company has a market cap of C$928.71 million, a price-to-earnings ratio of 3.21 and a beta of 0.75.
Economic Investment Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.73%.
Insider Activity at Economic Investment Trust
In related news, insider Economic Investment Trust Limited acquired 200 shares of the company's stock in a transaction that occurred on Wednesday, September 25th. The stock was acquired at an average price of C$159.58 per share, with a total value of C$31,915.00. Following the purchase, the insider now directly owns 200 shares in the company, valued at approximately C$31,915. 79.70% of the stock is currently owned by insiders.
About Economic Investment Trust
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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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