Economic Investment Trust (TSE:EVT) Shares Down 0.2% – Here’s Why

Economic Investment Trust Limited (TSE:EVTGet Free Report) traded down 0.2% during trading on Thursday . The company traded as low as C$23.50 and last traded at C$23.50. 1,630 shares traded hands during trading, a decline of 10% from the average session volume of 1,812 shares. The stock had previously closed at C$23.55.

Economic Investment Trust Stock Down 0.2%

The firm has a market capitalization of C$132.07 million, a PE ratio of 0.46 and a beta of 0.75. The business’s fifty day moving average price is C$23.07 and its 200 day moving average price is C$22.83.

Economic Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.03 per share. The ex-dividend date is Monday, June 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.5%.

Economic Investment Trust Company Profile

(Get Free Report)

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income.

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