Mon Sep 23 22:45:13 UTC 2024: ## Canoe EIT Income Fund Hits 52-Week Low, Announces Increased Dividend

**Toronto, Canada – September 23, 2024** – Canoe EIT Income Fund (ENDTF), a closed-ended balanced fund managed by Canoe Financial LP, experienced a dip in share price today, hitting a new 52-week low of C$8.06. The stock closed at C$10.68, representing a volume of 1600 shares traded.

Despite the dip, the fund has maintained a strong market cap of C$1.28 billion and a P/E ratio of 3.04. The company also announced an increased dividend of $0.074 per share, payable on October 15th to investors of record on September 23rd. This represents an 8.49% yield and surpasses the previous dividend of $0.07.

The fund invests in both equity and fixed income markets of Canada and the United States, with its equity portfolio targeting companies across various sectors. The dividend increase signals the fund’s continued commitment to shareholder returns.

**About Canoe EIT Income Fund:**

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP, with co-management provided by Haber Trilix Advisors, LP. The fund aims to provide investors with a balanced portfolio of Canadian and US equity and fixed income investments.

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