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

Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report) announced a monthly dividend on Monday, July 21st, TickerTech Dividends reports. Stockholders of record on Thursday, July 31st will be paid a dividend of 0.0946 per share on Thursday, July 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date of this dividend is Monday, July 21st.

Keg Royalties Income Fund Trading Down 0.4%

Shares of TSE KEG.UN traded down C$0.07 during midday trading on Tuesday, reaching C$18.62. 50,682 shares of the stock were exchanged, compared to its average volume of 36,801. Keg Royalties Income Fund has a 52-week low of C$12.86 and a 52-week high of C$18.75. The stock has a 50 day moving average price of C$18.53 and a 200-day moving average price of C$15.87. The company has a market capitalization of C$211.34 million, a P/E ratio of 15.39 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 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.