Keg Royalties Income Fund (TSE:KEG.UN) to Issue $0.09 Monthly Dividend

Keg Royalties Income Fund (TSE:KEG.UN) announced a monthly dividend on Thursday, November 21st,TickerTech Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.0946 per share on Friday, November 29th. This represents a $1.14 annualized dividend and a yield of 7.44%. The ex-dividend date of this dividend is Thursday, November 21st.

Keg Royalties Income Fund Stock Performance

TSE:KEG.UN opened at C$15.25 on Tuesday. The company has a 50 day moving average price of C$15.26 and a 200 day moving average price of C$14.63. Keg Royalties Income Fund has a fifty-two week low of C$12.90 and a fifty-two week high of C$15.95. The stock has a market capitalization of C$173.09 million, a P/E ratio of 12.60 and a beta of 1.37. The company has a debt-to-equity ratio of 12.62, a quick ratio of 2.11 and a current ratio of 0.04.

Keg Royalties Income Fund Company Profile

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.