Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report)'s share price rose 26.7% during mid-day trading on Monday . The company traded as high as C$18.24 and last traded at C$18.02. Approximately 611,590 shares traded hands during mid-day trading, an increase of 3,424% from the average daily volume of 17,357 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 quick ratio of 2.11 and a current ratio of 0.04. The firm has a market capitalization of C$205.09 million, a PE ratio of 14.93 and a beta of 1.37. The business's 50 day moving average is C$14.14 and its two-hundred day moving average is C$14.62.
Keg Royalties Income Fund Announces Dividend
The business also recently declared 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 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date of this dividend was Monday, April 21st. Keg Royalties Income Fund's payout ratio 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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