Economic Investment Trust (TSE:EVT) Trading Up 0.1% – Here’s Why

Economic Investment Trust Limited (TSE:EVTGet Free Report)’s stock price was up 0.1% during trading on Wednesday . The company traded as high as C$23.11 and last traded at C$23.11. 2,810 shares changed hands during mid-day trading, an increase of 51% from the average session volume of 1,857 shares. The stock had previously closed at C$23.09.

Economic Investment Trust Price Performance

The business has a fifty day simple moving average of C$23.47 and a two-hundred day simple moving average of C$23.34. The company has a market cap of C$129.88 million, a PE ratio of 0.45 and a beta of 0.75.

Economic Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were given 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 was Monday, June 15th.

About Economic Investment Trust

(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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