Economic Investment Trust Limited (TSE:EVT) Director Duncan Newton Rowell Jackman Purchases 1,000 Shares

Economic Investment Trust Limited (TSE:EVT) Director Duncan Newton Rowell Jackman purchased 1,000 shares of Economic Investment Trust stock in a transaction dated Tuesday, October 8th. The shares were acquired at an average cost of C$101.50 per share, for a total transaction of C$101,500.00. Following the completion of the transaction, the director now owns 42,389 shares of the company’s stock, valued at approximately C$4,302,483.50.

Shares of EVT stock opened at C$101.25 on Friday. The business’s fifty day simple moving average is C$103.97 and its 200-day simple moving average is C$106.84. The company has a market cap of $582.61 million and a PE ratio of -164.10. Economic Investment Trust Limited has a 12-month low of C$97.91 and a 12-month high of C$112.80.

Economic Investment Trust (TSE:EVT) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$1.01 earnings per share (EPS) for the quarter. The business had revenue of C$17.29 million for the quarter.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend was Thursday, September 12th.

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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