Insider Buying: Economic Investment Trust Limited (TSE:EVT) Director Purchases 1,000 Shares of Stock

Economic Investment Trust Limited (TSE:EVT) Director Duncan Newton Rowell Jackman acquired 1,000 shares of the firm’s stock in a transaction on Thursday, June 27th. The stock was bought at an average price of C$106.00 per share, with a total value of C$106,000.00. Following the purchase, the director now directly owns 41,389 shares of the company’s stock, valued at C$4,387,234.

Duncan Newton Rowell Jackman also recently made the following trade(s):

  • On Thursday, May 23rd, Duncan Newton Rowell Jackman acquired 1,000 shares of Economic Investment Trust stock. The stock was bought at an average price of C$105.00 per share, with a total value of C$105,000.00.
  • On Tuesday, May 14th, Duncan Newton Rowell Jackman acquired 1,000 shares of Economic Investment Trust stock. The stock was bought at an average price of C$109.99 per share, with a total value of C$109,989.00.

TSE EVT remained flat at $C$105.95 during trading hours on Friday. 800 shares of the company’s stock traded hands, compared to its average volume of 670. Economic Investment Trust Limited has a one year low of C$97.91 and a one year high of C$114.01. The company has a market capitalization of $594.97 million and a PE ratio of 24.01. The firm has a fifty day moving average price of C$106.59.

Economic Investment Trust (TSE:EVT) last announced its earnings results on Monday, April 29th. The company reported C$0.59 earnings per share for the quarter.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, June 13th. This represents a $1.20 annualized dividend and a dividend yield of 1.13%.

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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