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Bullboard - Stock Discussion Forum 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... see more

TSX:EIT.PR.A - Post Discussion

Post by KnaveofDiamonds on Jun 22, 2021 3:48pm

DFN & FFN

Move your shares from EIT into these two canadian big bank holdings. Your dividens will be better than ever! DFN trading very close to NAV!
Comment by Gord_Alberta on Jun 22, 2021 8:05pm
5% of my portfolio is in split-shares. Recently went a year without collecting a dividend. Meanwhile, eit just kept on paying dividends.
Comment by ace1mccoy on Jun 23, 2021 12:00am
Yup , just had to pull the trigger on adding more EIT today for reliable divys.... Have already too many splits Including DFN, FFN and more so ..... Next will be adding to DIV.... Glta
Comment by rapid_fire_ on Jun 22, 2021 9:18pm
This post has been removed in accordance with Community Policy
Comment by Gord_Alberta on Jun 23, 2021 2:10am
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!
Comment by ace1mccoy on Jun 23, 2021 8:54am
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 ...more