Canoe EIT Income Fund (TSE:EIT.UN) Hits New 1-Year High – Here’s Why

Posted by Alanna Baker on Dec 15th, 2025

Shares of Canoe EIT Income Fund (TSE:EIT.UN – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as C$15.81 and last traded at C$15.81, with a volume of 144141 shares. The stock had previously closed at C$15.77.

Canoe EIT Income Fund Trading Up 0.3%

The company has a market cap of C$2.91 billion, a P/E ratio of 5.02 and a beta of -0.28. The company’s 50-day moving average price is C$15.49 and its two-hundred day moving average price is C$15.44.

Canoe EIT Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, November 14th were issued a dividend of $0.10 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend was Wednesday, October 22nd. Canoe EIT Income Fund’s dividend payout ratio (DPR) is currently 38.10%.

About Canoe EIT Income Fund

(Get Free Report)

The investment objectives of the Fund are to maximize monthly distributions relative to risk and maximize Net Asset Value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the Manager may determine in its sole discretion from time to time.