Keg Royalties Income Fund (TSE:KEG.UN) announced a monthly dividend on Tuesday, October 20th, TickerTech reports. Investors of record on Friday, October 30th will be paid a dividend of 0.05 per share on Friday, October 30th. This represents a $0.60 annualized dividend and a dividend yield of 7.17%. The ex-dividend date is Tuesday, October 20th. This is a boost from Keg Royalties Income Fund’s previous monthly dividend of $0.04.
Shares of KEG.UN opened at C$8.37 on Friday. Keg Royalties Income Fund has a 12-month low of C$5.75 and a 12-month high of C$16.72. The business has a 50-day simple moving average of C$7.94 and a two-hundred day simple moving average of C$8.64. The company has a quick ratio of 3.37, a current ratio of 3.41 and a debt-to-equity ratio of 89.62. The stock has a market cap of $95.03 million and a PE ratio of 7.53.
About Keg Royalties Income Fund
The Keg Royalties Income Fund operates as an unincorporated open-ended limited purpose trust. The company invests in The Keg Rights Limited Partnership, which owns the trademarks, trade names, operating procedures and systems, and other intellectual property used for the operation of Keg steakhouse restaurants and bars.
Read More: Pattern Day Trader – What is the PDT Rule?
Receive News & Ratings for Keg Royalties Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keg Royalties Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.