Economic Investment Trust (TSE:EVT) Shares Up 0.5% – Here’s Why

Economic Investment Trust Limited (TSE:EVT)’s stock price traded up 0.5% during mid-day trading on Wednesday . The company traded as high as C$165.00 and last traded at C$165.00. 1,564 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 678 shares. The stock had previously closed at C$164.19.

Economic Investment Trust Stock Performance

The firm has a market capitalization of C$896.39 million, a PE ratio of 3.10 and a beta of 0.75. The company has a fifty day moving average price of C$177.83 and a 200-day moving average price of C$171.30.

Economic Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend was Friday, March 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.