Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report) shares rose 27.1% during mid-day trading on Tuesday . The stock traded as high as C$18.24 and last traded at C$18.08. Approximately 632,622 shares traded hands during 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 Up 0.2 %
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 firm has a 50-day moving average of C$14.14 and a 200 day moving average of C$14.62. The stock has a market capitalization of C$205.32 million, a price-to-earnings ratio of 14.95 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. Stockholders of record on Wednesday, April 30th were issued a $0.0946 dividend. This represents a $1.14 annualized dividend and a dividend yield of 6.28%. 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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