ECONOMIC INVESTMENT TRUST LIMITED ANNOUNCES DIVIDEND
April 29 2024 - 7:05PM
PR Newswire (Canada)
TORONTO, April 29,
2024 /CNW/ - The Board of Directors of Economic
Investment Trust Limited (TSX: EVT) (the "Company") today declared
a cash dividend of $5.60 per Common
Share payable June 28, 2024 to
shareholders of record on June 14,
2024.
The $5.60 cash dividend includes
the regular $0.30 quarterly dividend,
and an additional $5.30 per Common
Share, representing an early distribution of net investment income
for the year ending December 31,
2024. The source of funds for this additional dividend is a
special dividend from E-L Financial Corporation Limited.
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.
www.evt.ca
SOURCE Economic Investment Trust Limited
Copyright 2024 Canada NewsWire
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