Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report)'s stock price traded up 27.1% during mid-day trading on Monday . The company traded as high as C$18.24 and last traded at C$18.08. 632,622 shares traded hands during 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 Performance
The stock's 50 day moving average price is C$14.31 and its 200 day moving average price is C$14.64. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 12.62. The firm has a market cap of C$205.44 million, a PE ratio of 14.96 and a beta of 1.37.
Keg Royalties Income Fund Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 30th were given a $0.0946 dividend. This represents a $1.14 annualized dividend and a dividend yield of 6.27%. The ex-dividend date was Monday, April 21st. Keg Royalties Income Fund's payout ratio is currently 94.21%.
Keg Royalties Income Fund Company Profile
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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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