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

Buzz on the Bullboards: A challenging week for the TSX amid investor caution

[Jonathon Brown]

The TSX faced challenges as investors remained cautious, bracing for the upcoming US inflation data to gauge the Federal Reserve’s stance. read article.

[mnztr]

In the future they will be paid out as CG I suppose?

[mnztr]

These fake distruibutions seem fishy to me. What happenes to the money? Does it stay in the fund to be used for future distrbutions ? 

[Toppicks1]

Always brings a smile to my face to have that first cup of coffee look at your account and se the monthly dividend has arrive as it does every month without question.... as it has now for 15 years....

[wolverine99]

I know been in it 5 years!

[PressRelease]

CALGARY, Alberta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Canoe Financial LP (the “Manager”) today announced the final amount of the special non-cash distribution for Canoe EIT Income Fund (the “Fund”) (TSX: EIT.UN).Unitholders of record on December 31, 2024 will receive a special non-cash distribution...read article.

[1condor]

wolverine99...could be..but no worries. Great fund.

[wolverine99]

Taking a beating today, non cash distribution is Wednesday, maybe having an impact?

[1condor]

Eit.un doing its thing today....keeping volatility contained in a market thats very anxious. Another reason I hold this fund.

[1condor]

Agree that a divvy increase would definately pop the stock. Time will tell.

[PressRelease]

CALGARY, Alberta, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Canoe EIT Income Fund (the “Fund”) (TSX - EIT.UN) announces the January 2025 monthly distribution of $0.10 per unit. Unitholders of record on January 22, 2025, will receive distributions payable on February 14, 2025.About Canoe EIT Income Fund ...read article.

[Toppicks1]

This has been my thoughts for quite a while now on this fund. So maybe this is the start of things to come... they just announced they had 44 cents a share left over last year and if I remember right

[Sirlostalot]

Any thoughts as to why the NAV and market price were aligned today (within a cent) ? have never seen this before ,why or how they did this must account for the 2% rise today because it wasn't the

[Toppicks1]

EIT.UN never disapoints always does better the most investments on the market.... 

[slst]

Actually, with due respect, that is not a fair statement.  Through thick and thin over 2 decades they have distributed CASH monthly and in some years almost completely TAX FREE".  I got

[DanielDarden]

Essentially the manager gets to continue to charge management fees on the non-cash distribution because the taxes are paid by the unitholders rather than the fund and the cash remains in the fund. A