Shares of Economic Investment Trust Limited (TSE:EVT – Get Free Report) shot up 0.3% during trading on Tuesday . The stock traded as high as C$23.55 and last traded at C$23.55. 100 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 1,747 shares. The stock had previously closed at C$23.49.
Economic Investment Trust Stock Down 0.5%
The company’s fifty day moving average price is C$23.48 and its two-hundred day moving average price is C$23.15. The firm has a market cap of C$133.47 million, a PE ratio of 0.46 and a beta of 0.75.
Economic Investment Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were given a $0.03 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.12 dividend on an annualized basis and a yield of 0.5%.
About Economic Investment Trust
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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