An anonymous director reports
ECONOMIC INVESTMENT TRUST LIMITED ANNOUNCES DIVIDEND
The board of directors of Economic Investment Trust Ltd. today declared a cash dividend of $1.10 per common share payable March 29, 2018, to shareholders of record on March 15, 2018.
The $1.10 cash dividend includes a 30-cent quarterly dividend, and an additional 80 cents per common share, representing a distribution of the balance of net investment income for the year ended Dec. 31, 2017.
Economic Investment Trust advises that the above referenced dividend is an eligible dividend for the purposes of the Income Tax Act (Canada), and any similar provincial tax legislation.
The company's dividend policy is to distribute annual net investment income in the form of dividends. The distributions consist of quarterly dividends together with an additional dividend representing the balance of net investment income for the previous fiscal year.
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