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

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

Financial Services Asset Management
Canoe EIT Income Fund (the Fund) is a Canada-based closed-end investment trust. The investment objectives of 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. Canoe Financial LP is the manager and portfolio manager of the Fund.


TSX:EIT.PR.A - Post by User

Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1
Bullboard Posts
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Post by Smartereverydayon Mar 27, 2020 3:45pm
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Post# 30854270

Dividend will be cut for the Month of May, 2020 imo....

Dividend will be cut for the Month of May, 2020 imo....They will likely announce in early April that the dividend for the month of May is being cut!  VERY RISKY to hold EIT over the next few weeks.  Companies have been announcing layoffs and dividend reductins or cancellations over the last few days.  More announcements of layoffs and dividend reductions to come from companies.  I think EIT could plunge 30% on dividend reduction news.  i think it's a SELL right now.
Bullboard Posts
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