Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report) rose 26.8% on Monday . The stock traded as high as C$18.24 and last traded at C$18.03. Approximately 211,248 shares traded hands during trading, an increase of 1,716% from the average daily volume of 11,631 shares. The stock had previously closed at C$14.22.
Keg Royalties Income Fund Stock Performance
The firm has a market capitalization of C$205.44 million, a PE ratio of 14.96 and a beta of 1.37. The business has a 50-day simple moving average of C$14.31 and a 200-day simple moving average of C$14.64. The company has a debt-to-equity ratio of 12.62, a current ratio of 0.04 and a quick ratio of 2.11.
Keg Royalties Income Fund Announces Dividend
The business also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th were issued a dividend of $0.0946 per share. The ex-dividend date was Monday, April 21st. This represents a $1.14 annualized dividend and a yield of 6.27%. Keg Royalties Income Fund's payout ratio 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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