Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report) traded up 27.1% on Tuesday . The company traded as high as C$18.24 and last traded at C$18.08. 632,622 shares changed 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 company has a market cap of C$205.44 million, a P/E ratio of 14.96 and a beta of 1.37. The company has a quick ratio of 2.11, a current ratio of 0.04 and a debt-to-equity ratio of 12.62. The stock has a 50 day moving average price of C$14.31 and a two-hundred day moving average price of C$14.64.
Keg Royalties Income Fund Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 30th were paid a dividend of $0.0946 per share. This represents a $1.14 annualized dividend and a yield of 6.27%. The ex-dividend date was Monday, April 21st. 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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