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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

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

Comment by ace1mccoyon Jun 23, 2021 8:54am
367 Views
Post# 33433351

RE:RE:RE:DFN & FFN

RE:RE:RE:DFN & FFN
Gord from Alberta ,
Just a heads up that  DIV  will give you a steady monthly and is not a split. I've owned for several years and it's never missed a beat . DIV did reduce the dividend when the pandemic was roaring but it's expected to raise again at some point. If, one wishes to treasury DRIP , that option is also available. You may or may not be interested but at the very least , I thought i'd suggest this recommendation to a fellow Albertan looking for steady income. GLTA 


 
My comfort zone is 85%+ invested in eit; paying good dividends monthly. I do have 5% in ffn paying 18% monthly; when the company pays.

I also have O&G shares that were paying great dividends - until the dividends vanished...

It comes down to age & comfort. Younger investers can gamble; as I did for decades. Yet at my age; I need the quaranteed income. Good luck to all informed investers!
My comfort zone is 85%+ invested in eit; paying good dividends monthly. I do have 5% in ffn paying 18% monthly; when the company pays.

I also have O&G shares that were paying great dividends - until the dividends vanished...

It comes down to age & comfort. Younger investers can gamble; as I did for decades. Yet at my age; I need the quaranteed income. Good luck to all informed investers!
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