Vox Royalty Corp. (NASDAQ:VOXR) Plans $0.01 Quarterly Dividend

Key Points

• Vox Royalty Corp. announced a quarterly dividend of $0.0125 per share, payable on October 14th to shareholders of record as of September 30th, representing a yield of 1.5%.
• The company reported a loss of ($0.01) earnings per share for the quarter, missing analyst estimates, with revenue of $2.77 million compared to expected $3.44 million.
• Vox Royalty's stock traded down 6.8% to $3.27, with a market cap of $165.97 million and a price-to-earnings ratio of -81.75.

Vox Royalty Corp. (NASDAQ:VOXR - Get Free Report) announced a quarterly dividend on Thursday, August 14th, Wall Street Journal reports. Shareholders of record on Tuesday, September 30th will be given a dividend of 0.0125 per share on Tuesday, October 14th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, September 30th.

Vox Royalty has a dividend payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings.

Vox Royalty Trading Down 6.8%

VOXR traded down $0.24 on Thursday, hitting $3.27. 679,222 shares of the company were exchanged, compared to its average volume of 298,935. The firm has a 50-day moving average price of $3.33 and a two-hundred day moving average price of $3.04. The company has a market cap of $165.97 million, a price-to-earnings ratio of -81.75 and a beta of 0.32. Vox Royalty has a twelve month low of $2.21 and a twelve month high of $3.79.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02). The company had revenue of $2.77 million during the quarter, compared to analyst estimates of $3.44 million. Vox Royalty had a negative net margin of 16.30% and a negative return on equity of 4.05%. Equities analysts expect that Vox Royalty will post -0.01 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.

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