Keg Royalties Income Fund to Issue Monthly Dividend of $0.04 (TSE:KEG.UN)

Keg Royalties Income Fund (TSE:KEG.UN) announced a monthly dividend on Friday, September 18th, TickerTech reports. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.035 per share on Wednesday, September 30th. This represents a $0.42 annualized dividend and a yield of 5.26%. The ex-dividend date of this dividend is Friday, September 18th.

Shares of KEG.UN traded down C$0.05 during midday trading on Wednesday, hitting C$7.99. 37,855 shares of the company’s stock traded hands, compared to its average volume of 32,447. The company has a current ratio of 3.41, a quick ratio of 3.37 and a debt-to-equity ratio of 89.62. The stock has a market capitalization of $90.72 million and a price-to-earnings ratio of 7.19. Keg Royalties Income Fund has a 1 year low of C$5.75 and a 1 year high of C$16.77. The firm’s fifty day moving average is C$8.58 and its 200-day moving average is C$9.21.

Keg Royalties Income Fund Company Profile

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.

Further Reading: What is basic economics?

Dividend History for Keg Royalties Income Fund (TSE:KEG.UN)

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.