Canoe EIT Income Fund (OTCMKTS:ENDTF) Hits New 1-Year Low at $8.06

Canoe EIT Income Fund (OTCMKTS:ENDTF) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$8.06 and last traded at C$10.68, with a volume of 1600 shares traded. The stock had previously closed at C$10.69.

Canoe EIT Income Fund Stock Down 0.1 %

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 stock’s fifty day simple moving average is C$10.25 and its 200-day simple moving average is C$10.13. The stock has a market cap of C$1.28 billion and a P/E ratio of 3.04.

Canoe EIT Income Fund Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 23rd will be issued a dividend of $0.074 per share. This represents a dividend yield of 8.49%. The ex-dividend date is Friday, September 20th. This is a boost from Canoe EIT Income Fund’s previous dividend of $0.07. Canoe EIT Income Fund’s payout ratio is 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.