Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report)'s share price was up 27.1% during trading on Tuesday . The company traded as high as C$18.24 and last traded at C$18.08. Approximately 632,622 shares changed hands 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 Price Performance
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 business's fifty day moving average price is C$13.99 and its 200-day moving average price is C$14.57. The stock has a market capitalization of C$205.21 million, a price-to-earnings 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. 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 6.28%. The ex-dividend date of this dividend was Monday, April 21st. 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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