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TORONTO, May 5, 2025 /CNW/ - The Board of Directors of Economic Investment Trust Limited (TSX: EVT) (the "Company") today declared a cash dividend of $0.03 per Common Share payable June 30, 2025 to shareholders of record on June 13, 2025.
On April 30, 2025 the Company announced that the Board of Directors has decided to proceed to give effect to a ten-for-one share split of the Company's Common Shares. The Common Shares of the Company will begin to trade on an ex-distribution (post-split) basis on Friday, May 23, 2025. The quarterly dividend of $0.03 per Common Share announced today is on a post-split basis.
TORONTO, April 30, 2025 /CNW/ - Economic Investment Trust Limited ("the Company") (TSX: EVT) today announced the results of its annual and special meeting of shareholders (the "Meeting") held on April 30, 2025. All director nominees were elected as directors of the Company and PricewaterhouseCoopers LLP was reappointed as the Company's auditors and the Board of Directors was authorized to fix their remuneration. Shareholders approved the previously announced amendments to the Company's articles of continuance to give effect to a ten-for-one share split of the Company's common shares (the "Share Split"), all as further described in the Company's management information circular dated March 19, 2025 (the "Circular").
TORONTO, Feb. 11, 2025 /CNW/ - The Board of Directors of Economic Investment Trust Limited ("the Company") (TSX: EVT) today announced that the Company will seek shareholder and regulatory approval for the implementation of a ten-for-one share split of the Company's issued and outstanding Common Shares, to be effected through an amendment to its articles of continuance. The share split will be subject to the approval of the Company's shareholders at its annual and special meeting scheduled to be held on April 30, 2025 (the "Meeting") and to the requirements of the Toronto Stock Exchange ("TSX").
TORONTO, Feb. 11, 2025 /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 31, 2025 to shareholders of record on March 14, 2025.
The $4.57 cash dividend includes a $0.30 quarterly dividend, and an additional $4.27 per Common Share, representing a distribution of the balance of net investment income for the year ended December 31, 2024.
Economic Investment Trust Limited advises that the above referenced dividend is an eligible dividend for the purposes of the Income Tax Act (Canada), and any similar provincial tax legislation.
TORONTO, Jan. 15, 2025 /CNW/ - The Board of Directors of Economic Investment Trust Limited ("the Company") (TSX: EVT) today declared a special cash dividend of $22.70 per Common Share payable on March 31, 2025 to shareholders of record on March 14, 2025.
The recent performance of the Company's global investment portfolio has provided Economic Investment Trust Limited the opportunity to pay this cash dividend.
Today, E-L Financial Corporation Limited declared a special dividend of $150.00 per common share. The aforementioned dividend of $22.70 declared by the Company also includes the dividend to be received from E-L Financial Corporation Limited, representing an early distribution of net investment income for the year ending December 31, 2025 of $13.30 per Common Share.
TORONTO, Nov. 5, 2024 /CNW/ - The Board of Directors of Economic Investment Trust Limited (TSX: EVT) (the "Company") today declared a cash dividend of $0.30 per Common Share payable December 31, 2024 to shareholders of record on December 16, 2024.
Economic Investment Trust Limited advises that the above referenced dividend is an eligible dividend for the purposes of the Income Tax Act (Canada), and any similar provincial tax legislation.
The Company's dividend policy is to distribute annual net investment income in the form of dividends.