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

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

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

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TSX:EIT.PR.A - Post Discussion

Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 > 15 years

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Post by Toppicks1 on Nov 17, 2024 9:38am

15 years

This fund has paid a 10 cents a month dividend. Has changed over the year but is currently at 7.7%..... has been as high as 10% best run fund on any stock market. I think they may raise the divi payment in the next few months to maybe 12 cents and if they do we could see eit.un trade at 20$....if that happens this is somthing that you can hold for ever.. retirement with unlimited money is what everyone dreams of. Enjoy

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Comment by tinkvid on Nov 17, 2024 12:44pm

Yes. And look who the principals are behind the company that bought the assets from Kevin O Leary. Love the bright minds involved in this group and their decisions they make!

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Comment by Gord_Alberta on Nov 18, 2024 8:29pm

Was over 14% at one point. I had 90% of my investments in this stock at that time...... https://www.fool.ca/2020/05/06/can-this-14-1-yielder-maintain-its-generous-dividend/

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Comment by Toppicks1 on Nov 21, 2024 9:14pm

Once again eit.un showing no signs of a pull back. I have enough capital gain in this stock to buy a house.. not selling here. lol..... still have a inckling that they will raise the divi in the near future my wag.. January at divi announcement.....

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Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1