TORONTO , April 29, 2024 /CNW/ - The Board of Directors of Economic Investment Trust Limited (TSX: EVT) (the "Company") today declared a cash dividend of $5.60 per Common Share payable June 28, 2024 to shareholders of record on June 14, 2024 .
The $5.60 cash dividend includes the regular $0.30 quarterly dividend, and an additional $5.30 per Common Share, representing an early distribution of net investment income for the year ending December 31, 2024 . The source of funds for this additional dividend is a special dividend from E-L Financial Corporation Limited.
Economic Investment Trust Limited 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.
SOURCE Economic Investment Trust Limited
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