Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.P.A

Alternate Symbol(s): T.EIT.P.B | T.EIT.UN | ENDTF

Financial Services Asset Management

Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.

TSX:EIT.P.A - Post by User

Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 > Registered accts and Tax free accts lose , benefit ???

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Comment by bcscon Dec 27, 2021 1:33pm

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RE:RE:RE:Registered accts and Tax free accts lose , benefit ???

If EIT.Un were to pay a special dividend in cash, it is likely the share price would drop by approximately that much on the ex-dividend day, much as it does every month
In this arrangement the consolidation of the shares will increase the NAV per share. If you believe in an efficient market, that should lead to an increase in the market price.

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A junior copper-gold stock trading at a bargain of monumental proportions