Canoe EIT Income Fund (OTCMKTS:ENDTF) Reaches New 52-Week High at $10.82

Canoe EIT Income Fund (OTCMKTS:ENDTF) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$10.82 and last traded at C$10.82, with a volume of 387 shares traded. The stock had previously closed at C$10.72.

Canoe EIT Income Fund Stock Up 1.0 %

The firm has a market cap of C$1.29 billion and a PE ratio of 3.07. The company has a 50-day simple moving average of C$10.32 and a 200-day simple moving average of C$10.17. The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96.

Canoe EIT Income Fund Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 23rd will be issued a dividend of $0.074 per share. The ex-dividend date of this dividend is Friday, September 20th. This represents a yield of 8.49%. This is a boost from Canoe EIT Income Fund’s previous dividend of $0.07. Canoe EIT Income Fund’s payout ratio is presently 17.05%.

Canoe EIT Income Fund Company Profile

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.