Vox Royalty Corp. to Issue Quarterly Dividend of $0.01 (NASDAQ:VOXR)

Vox Royalty Corp. (NASDAQ:VOXR - Get Free Report) announced a quarterly dividend on Wednesday, May 8th, Zacks reports. Investors of record on Friday, June 28th will be given a dividend of 0.012 per share on Friday, July 12th. This represents a $0.05 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend is Friday, June 28th.

Vox Royalty has a dividend payout ratio of 57.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Vox Royalty to earn ($0.02) per share next year, which means the company may not be able to cover its $0.04 annual dividend with an expected future payout ratio of -200.0%.

Vox Royalty Price Performance

VOXR stock traded up $0.06 during midday trading on Friday, reaching $2.06. The company had a trading volume of 289,018 shares, compared to its average volume of 77,252. The company has a market capitalization of $103.25 million, a P/E ratio of -206.00 and a beta of 0.85. Vox Royalty has a 1 year low of $1.70 and a 1 year high of $3.02. The firm has a 50-day moving average price of $2.02 and a 200-day moving average price of $2.00.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.01 EPS for the quarter. The business had revenue of $3.00 million for the quarter. Vox Royalty had a negative net margin of 0.81% and a positive return on equity of 1.85%. On average, equities analysts predict that Vox Royalty will post -0.02 EPS for the current year.

About Vox Royalty

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.