Economic Investment Trust (TSE:EVT) Stock Price Up 0.5%

Economic Investment Trust Limited (TSE:EVT) was up 0.5% during trading on Friday . The stock traded as high as C$143.48 and last traded at C$143.48. Approximately 202 shares changed hands during trading, a decline of 61% from the average daily volume of 524 shares. The stock had previously closed at C$142.77.

Economic Investment Trust Price Performance

The business’s fifty day moving average price is C$140.80 and its 200 day moving average price is C$136.19. The stock has a market cap of C$806.36 million, a P/E ratio of 2.79 and a beta of 0.72.

Economic Investment Trust (TSE:EVT) last issued its quarterly earnings data on Tuesday, February 13th. The company reported C$1.20 EPS for the quarter. The business had revenue of C$123.11 million during the quarter. Economic Investment Trust had a net margin of 84.85% and a return on equity of 13.02%.

Economic Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 28th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Thursday, 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.