Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report)'s share price traded up 27.1% during trading on Tuesday . The company traded as high as C$18.24 and last traded at C$18.08. 632,622 shares changed hands during mid-day trading, an increase of 3,476% from the average session volume of 17,691 shares. The stock had previously closed at C$14.22.
Keg Royalties Income Fund Stock Up 27.1 %
The company has a 50-day moving average of C$13.99 and a two-hundred day moving average of C$14.57. The company has a debt-to-equity ratio of 12.62, a current ratio of 0.04 and a quick ratio of 2.11. The company has a market capitalization of C$205.21 million, a PE ratio of 14.94 and a beta of 1.37.
Keg Royalties Income Fund Announces Dividend
The business also recently disclosed a monthly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th were paid a dividend of $0.0946 per share. The ex-dividend date of this dividend was Monday, April 21st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.28%. Keg Royalties Income Fund's dividend payout ratio (DPR) is presently 94.21%.
About Keg Royalties Income Fund
(
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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.
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