Canoe EIT Income Fund (OTCMKTS:ENDTF – Get Free Report) shares reached a new 52-week high on Thursday . The company traded as high as C$10.13 and last traded at C$10.12, with a volume of 1322 shares changing hands. The stock had previously closed at C$10.02.
Canoe EIT Income Fund Trading Up 1.0 %
The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96. The firm’s fifty day moving average is C$9.81 and its two-hundred day moving average is C$9.54. The firm has a market capitalization of C$1.21 billion and a PE ratio of 2.85.
Canoe EIT Income Fund Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 22nd will be given a $0.0737 dividend. The ex-dividend date is Thursday, March 21st. This represents a yield of 8.8%. Canoe EIT Income Fund’s dividend payout ratio is currently 17.05%.
About Canoe EIT Income Fund
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.
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