PR Newswire
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.
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