Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report) shares were up 27.1% during trading on Tuesday . The stock traded as high as C$18.24 and last traded at C$18.08. Approximately 632,622 shares were traded during mid-day trading, an increase of 3,476% from the average daily volume of 17,691 shares. The stock had previously closed at C$14.22.
Keg Royalties Income Fund Stock Performance
The company's 50 day simple moving average is C$13.99 and its 200 day simple moving average is C$14.57. The stock has a market cap of C$205.21 million, a price-to-earnings ratio of 14.94 and a beta of 1.37. The company has a debt-to-equity ratio of 12.62, a quick ratio of 2.11 and a current ratio of 0.04.
Keg Royalties Income Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 30th were issued a $0.0946 dividend. The ex-dividend date of this dividend was Monday, April 21st. This represents a $1.14 annualized dividend and a dividend yield of 6.28%. Keg Royalties Income Fund's dividend payout ratio (DPR) is 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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