Economic Investment Trust (TSE:EVT) Shares Down 0.4% – Here’s What Happened

Economic Investment Trust Limited (TSE:EVTGet Free Report) shares dropped 0.4% on Thursday . The company traded as low as C$23.35 and last traded at C$23.35. Approximately 250 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 1,920 shares. The stock had previously closed at C$23.45.

Economic Investment Trust Price Performance

The business’s 50 day moving average is C$22.62 and its two-hundred day moving average is C$22.54. The firm has a market capitalization of C$131.23 million, a PE ratio of 0.45 and a beta of 0.75.

Economic Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.12 annualized dividend and a dividend yield of 0.5%.

Economic Investment Trust Company Profile

(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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