Economic Investment Trust Limited (T:EVT)
Business Focus: Closed End Funds
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for EVT within the last 6 months
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Company News
Mar 07, 2024 16:05 ET
ECONOMIC INVESTMENT TRUST LIMITED ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID
TORONTO, March 7, 2024 /CNW/ - Economic Investment Trust Limited (TSX: EVT) (the "Company") announced today that the Toronto Stock Exchange (the "Exchange") has accepted a notice filed by the Company of its intention to proceed with the renewal of its Normal Course Issuer Bid (the "Bid") to be transacted through the facilities of the Exchange or through alternative Canadian trading systems.
Feb 07, 2024 14:33 ET
ECONOMIC INVESTMENT TRUST LIMITED ANNOUNCES DIVIDEND
TORONTO, Feb. 7, 2024 /CNW/ - The Board of Directors of Economic Investment Trust Limited (TSX: EVT) today declared a cash dividend of $4.57 per Common Share payable March 28, 2024 to shareholders of record on March 15, 2024.
Valuation Ratios
Industry
Sector
Beta
0.71
--
--
Price to Sales - TTM
4.78
8.92
5.00
Price to Book - most recent quarter
0.70
1.03
1.62
Price to Cash Flow per share - TTM
--
--
9.03
Price to Free Cash Flow per share - TTM
38.43
15.74
20.95
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 457 | -95 |
| Mar 31, 2024 | 552 | -30 |
| Mar 15, 2024 | 582 | 208 |
Business Summary
| Sector: Financials | Industry: Closed End Funds |
Economic Investment Trust Limited is a closed-end investment company. The Company is an investment vehicle for long-term growth through investment in common equities. The Company's investment objective is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. The investment portfolio of the Company comprises a mix of Canadian and foreign investments. The Company invests in interest-bearing short-term securities pending the selection of suitable equity investments. The Company owns, directly and indirectly, long-term investments in the common shares of some publicly traded Canadian companies, and a managed global investment portfolio of common shares of publicly traded global companies. Its long-term investments consist primarily of the publicly traded common shares of E-L Financial Corporation Limited, Algoma Central Corporation, and The Bank of Nova Scotia. Its investment manager is Neuberger Berman Canada ULC.
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