Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report)'s share price shot up 27.1% on Tuesday . The stock traded as high as C$18.24 and last traded at C$18.08. 632,622 shares were traded during mid-day 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 Up 27.1 %
The firm has a market capitalization 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 current ratio of 0.04 and a quick ratio of 2.11. The stock has a fifty day moving average of C$13.99 and a two-hundred day moving average of C$14.57.
Keg Royalties Income Fund Announces Dividend
The business also recently disclosed a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 30th were given a dividend of $0.0946 per share. The ex-dividend date of this dividend was Monday, April 21st. This represents a $1.14 dividend on an annualized basis 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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