Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.PR.A

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

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.

Bullboard (TSX:EIT.PR.A)

View:
Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
Post by SadieLadyCOon Jan 21, 2023 7:30pm

Curious Again

The fund may have been running low on paying out the div mthly. That is why the had to sell more shares ATM. It is curious because a closed end fund normaly and only issue share in the fund at the ...more  
467
Discussion
Comment by JerryJones2013on Jan 19, 2023 4:37pm

RE:RE:Excuse my ignorance

I don't think you are correct on #1.  The yield is enhanced through a structured covered call writing program.
165
Discussion
Comment by Saint2709on Jan 18, 2023 9:55am

RE:RE:Excuse my ignorance

Most if not all of those dividends collected are allocated towards the canoe prefferd shares, and not towards the canoe unit shares.  Since canoe is actively managed and are constantly buying and ...more  
295
Discussion
Comment by Gord_Albertaon Jan 13, 2023 4:51am

RE:Excuse my ignorance

1) Most of the companies they hold have monthly dividends. 2) Eit.un uses leverage 3) The individual companies they hold have a great history. Their #1 holding is Touramile Oil. It was purchased below ...more  
373
Discussion
Comment by itsnevertoolateon Jan 11, 2023 2:11pm

RE:Excuse my ignorance

Of course they have income...they invest very prudently and wisely into a variety of sectors and obviously do very well with their investments in order to be able to pay there own shareholders a very ...more  
328
Discussion
Post by SadieLadyCOon Jan 10, 2023 1:29pm

Excuse my ignorance

but, how does Canoe EIT pay the 10cent div every month. They have no income. Do they sell off some holdings. If so how long could they continue ?. Just asking not knocking
400
Discussion
Comment by gordo323on Jan 02, 2023 12:11pm

RE:RE:RE:WOW 9.1% yeild

Sadie don't pay any attention to the soft bashers this is the most well run fund  out there.I recieve $.10 per month per share and have done for 10 years. I will post part of the news clip ...more  
312
Discussion
Post by SadieLadyCOon Dec 30, 2022 8:34am

Closed End

I thoght that closed end funds offer up stock at the begining, if so why would the have needed to sell/offer another 650,000 thousand shares (ATM), like any other stock. 650000 more share cost the ...more  
259
Comment by SadieLadyCOon Dec 29, 2022 11:38am

RE:RE:WOW 9.1% yeild

I agree it may drop more. Better deal but, 9% Yeild not to bad. I will buy more if it drops further and it just might I agree. Cash is king but, not if it's doing nothing
162
Discussion
Comment by deisman03on Dec 29, 2022 2:48am

RE:WOW 9.1% yeild

It's going to get cheaper than this, NAV is rearward looking.  Things are a changing over the whole world right now.  We're in the midst of a financial hurricane and way to many ...more  
227
Discussion
Post by SadieLadyCOon Dec 28, 2022 7:42pm

WOW 9.1% yeild

trading .50 cent below NAV..Now that is a bargain
324
Discussion
Post by SadieLadyCOon Dec 25, 2022 7:22am

Current price is real cheap

NAV at $13.80 ......40 plus diffrence/
280
Comment by SadieLadyCOon Dec 16, 2022 4:43pm

RE:RE:Dec 16 - 12:00 Nav down - 1.60%

The Nav is at $13.79...which makes no diffrence if you are looking at a regular monthly div. The div is still better than any other company's DI and at 8.38% rate is better than any bank offering. ...more  
233
Discussion
Comment by Golfermanon Dec 16, 2022 4:13pm

RE:Dec 16 - 12:00 Nav down - 1.60%

I do believe the stock price is now higher than the NAV as I calculate the NAV @ 13.67...... Closed today at 13.73 Haven't seen the stock price higher the the NAV in a long time. I could drop big ...more  
211
Discussion
Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Dealroom for high-potential pre-IPO opportunities