Is Canoe EIT Income Fund stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Canoe EIT Income Fund pays dividends. Last time was Friday 15th of November 2024 where the investors holding the stock on Tuesday 22nd of October 2024 were paid $0.1 per share. Over the last 254 times between 2003 and 2024, Canoe EIT Income Fund has paid $80.38682 with an average of $0.32 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Canoe EIT Income Fund 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $10.32, you would have made a profit of $4.84 per share or 46.90%
Yes, the average daily trading liquidity for Canoe EIT Income Fund is $164 237 thousand. You should therefore be able to get in and out of your positions relatively fast.
Canoe EIT Income Fund has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.23, the company's ability to pay off the debt is normal. Canoe EIT Income Fund has a very good net profit margin of 118.93% and should have very high tolerances against inflation.
We have calculated the inflation risk for Canoe EIT Income Fund to be low [0.15 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.