Economic Investment Trust Dividend
Dividend criteria checks 4/6
Economic Investment Trust is a dividend paying company with a current yield of 3.81% that is well covered by earnings.
Key information
3.8%
Dividend yield
5%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$25.40 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EVT's dividend payments have been volatile in the past 10 years.
Growing Dividend: EVT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Economic Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (EVT) | 3.8% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Capital Markets) | 1.9% |
Analyst forecast in 3 Years (EVT) | n/a |
Notable Dividend: EVT's dividend (3.81%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: EVT's dividend (3.81%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.8%), EVT's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), EVT's dividend payments are covered by cash flows.