Canoe EIT Income Fund (OTCMKTS:ENDTF) to Issue Dividend Increase – $0.07 Per Share

Canoe EIT Income Fund (OTCMKTS:ENDTF) announced a dividend on Wednesday, February 19th,investing.com reports. Shareholders of record on Tuesday, February 25th will be given a dividend of 0.0698 per share on Friday, March 14th. This represents a yield of 7.68%. The ex-dividend date is Monday, February 24th. This is a boost from Canoe EIT Income Fund’s previous dividend of $0.07.

Canoe EIT Income Fund Price Performance

ENDTF opened at C$10.91 on Wednesday. The stock has a market capitalization of C$1.30 billion and a P/E ratio of 3.10. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 29.91. Canoe EIT Income Fund has a 12-month low of C$8.06 and a 12-month high of C$11.75. The stock has a 50-day moving average price of C$10.67 and a 200-day moving average price of C$10.69.

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.