Keg Royalties Income Fund Declares Monthly Dividend of $0.09 (TSE:KEG.UN)

Keg Royalties Income Fund (TSE:KEG.UN) declared a monthly dividend on Friday, July 19th, TickerTech reports. Stockholders of record on Wednesday, July 31st will be given a dividend of 0.0946 per share on Wednesday, July 31st. This represents a $1.14 annualized dividend and a dividend yield of 8.09%. The ex-dividend date is Friday, July 19th.

Keg Royalties Income Fund Stock Up 1.2 %

KEG.UN opened at C$14.04 on Wednesday. The company has a market cap of C$159.35 million, a P/E ratio of 18.47 and a beta of 1.36. The business’s 50-day moving average price is C$13.94 and its 200-day moving average price is C$14.41. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 13.54. Keg Royalties Income Fund has a 12 month low of C$12.40 and a 12 month high of C$15.79.

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.