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

Keg Royalties Income Fund (TSE:KEG.UN) announced a monthly dividend on Monday, October 21st, TickerTech reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.0946 per share on Thursday, October 31st. This represents a $1.14 annualized dividend and a dividend yield of 7.15%. The ex-dividend date is Monday, October 21st.

Keg Royalties Income Fund Stock Performance

Shares of KEG.UN stock opened at C$15.88 on Friday. The stock’s fifty day simple moving average is C$15.01 and its 200-day simple moving average is C$14.52. The company has a market capitalization of C$180.24 million, a price-to-earnings ratio of 13.12 and a beta of 1.37. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 12.62. Keg Royalties Income Fund has a 1-year low of C$12.40 and a 1-year high of C$15.95.

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.