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

Economic Investment Trust Limited (TSE:EVTGet Free Report) shares were up 0.1% during trading on Wednesday . The stock traded as high as C$23.11 and last traded at C$23.11. 2,810 shares were traded during trading, an increase of 51% from the average daily volume of 1,857 shares. The stock had previously closed at C$23.09.

Economic Investment Trust Trading Up 0.1%

The stock has a 50-day simple moving average of C$23.47 and a two-hundred day simple moving average of C$23.34. The firm has a market capitalization of C$129.88 million, a P/E ratio of 0.45 and a beta of 0.75.

Economic Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.03 per share. The ex-dividend date was Monday, June 15th. This represents a $0.12 annualized dividend and a dividend yield of 0.5%.

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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