Duncan Newton Rowell Jackman Buys 1,000 Shares of Economic Investment Trust Limited (EVT) Stock

Economic Investment Trust Limited (TSE:EVT) Director Duncan Newton Rowell Jackman bought 1,000 shares of the business’s stock in a transaction on Tuesday, May 14th. The stock was bought at an average cost of C$109.99 per share, for a total transaction of C$109,989.00. Following the purchase, the director now directly owns 39,389 shares of the company’s stock, valued at approximately C$4,332,356.72.

Shares of Economic Investment Trust stock traded up C$0.75 during trading hours on Wednesday, hitting C$110.00. The company’s stock had a trading volume of 800 shares, compared to its average volume of 439. Economic Investment Trust Limited has a 12 month low of C$97.91 and a 12 month high of C$115.10. The company has a market capitalization of $613.50 million and a P/E ratio of 24.97.

Economic Investment Trust (TSE:EVT) last announced its quarterly earnings results on Monday, April 29th. The company reported C$0.59 earnings per share (EPS) for the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.20 annualized dividend and a dividend yield of 1.09%.

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Economic Investment Trust Company Profile

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.

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