Keg Royalties Income Fund (KEG.UN) to Issue Monthly Dividend of $0.09 on November 29th

Keg Royalties Income Fund (TSE:KEG.UN) announced a monthly dividend on Thursday, November 21st,TickerTech Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.0946 per share on Friday, November 29th. This represents a $1.14 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend is Thursday, November 21st.

Keg Royalties Income Fund Stock Performance

Shares of Keg Royalties Income Fund stock traded down C$0.02 during trading hours on Tuesday, reaching C$15.23. 2,473 shares of the stock traded hands, compared to its average volume of 9,449. The company has a 50 day moving average price of C$15.26 and a 200 day moving average price of C$14.63. Keg Royalties Income Fund has a one year low of C$12.90 and a one year high of C$15.95. The company has a quick ratio of 2.11, a current ratio of 0.04 and a debt-to-equity ratio of 12.62. The firm has a market capitalization of C$172.86 million, a price-to-earnings ratio of 12.60 and a beta of 1.37.

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.