Economic Investment Trust (TSE:EVT) Reaches New 1-Year High at $146.99

Economic Investment Trust Limited (TSE:EVT) shares reached a new 52-week high during trading on Thursday . The stock traded as high as C$146.99 and last traded at C$146.99, with a volume of 130 shares changing hands. The stock had previously closed at C$143.48.

Economic Investment Trust Trading Down 1.0 %

The stock has a market capitalization of C$809.28 million, a price-to-earnings ratio of 2.80 and a beta of 0.72. The firm has a 50-day moving average of C$141.36 and a 200 day moving average of C$137.10.

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

Economic Investment Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend is Friday, June 14th.

About Economic Investment Trust

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.