Canoe EIT Income Fund Payout ratio
What is the Payout ratio of Canoe EIT Income Fund?
The Payout ratio of Canoe EIT Income Fund is 28.57%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Finance sector on OTC compared to Canoe EIT Income Fund
What does Canoe EIT Income Fund do?
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.
Companies with payout ratio similar to Canoe EIT Income Fund
- Van Elle plc has Payout ratio of 28.45%
- Young & Co.'s Brewery Plc has Payout ratio of 28.46%
- George Weston has Payout ratio of 28.49%
- Arcontech plc has Payout ratio of 28.53%
- Saven Technologies has Payout ratio of 28.53%
- Canadian Imperial Bank of Commerce has Payout ratio of 28.56%
- Canoe EIT Income Fund has Payout ratio of 28.57%
- Precision Camshafts has Payout ratio of 28.57%
- Kowloon Development has Payout ratio of 28.58%
- Delta Corp has Payout ratio of 28.59%
- Breville has Payout ratio of 28.59%
- Diamondback Inc has Payout ratio of 28.59%
- Finolex Cables has Payout ratio of 28.59%