Economic Investment Trust Limited (TSE:EVT – Get Free Report) shares traded down 2.2% during trading on Wednesday . The stock traded as low as C$23.47 and last traded at C$23.47. 415 shares changed hands during trading, a decline of 77% from the average session volume of 1,784 shares. The stock had previously closed at C$24.00.
Economic Investment Trust Stock Down 2.2%
The firm has a market cap of C$131.90 million, a price-to-earnings ratio of 0.46 and a beta of 0.75. The business’s fifty day moving average is C$23.47 and its two-hundred day moving average is C$23.33.
Economic Investment Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, September 14th.
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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