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

Keg Royalties Income Fund (TSE:KEG.UN) declared a monthly dividend on Friday, December 20th,TickerTech Dividends reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.0946 per share on Tuesday, December 31st. This represents a $1.14 annualized dividend and a dividend yield of 7.57%. The ex-dividend date is Friday, December 20th.

Keg Royalties Income Fund Stock Performance

Shares of Keg Royalties Income Fund stock opened at C$14.99 on Wednesday. Keg Royalties Income Fund has a 12 month low of C$12.91 and a 12 month high of C$15.95. The firm has a market capitalization of C$170.14 million, a P/E ratio of 12.39 and a beta of 1.37. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 12.62. The business has a fifty day simple moving average of C$15.31 and a two-hundred day simple moving average of C$14.74.

Insider Activity at Keg Royalties Income Fund

In other Keg Royalties Income Fund news, Senior Officer Kenneth Joseph Grondin acquired 13,300 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The shares were bought at an average cost of C$15.20 per share, with a total value of C$202,222.51. 50.30% of the stock is currently owned by insiders.

About Keg Royalties Income Fund

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.