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 Friday, February 21st,TickerTech Dividends reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.0946 per share on Friday, February 28th. This represents a $1.14 annualized dividend and a yield of 7.86%. The ex-dividend date of this dividend is Friday, February 21st.

Keg Royalties Income Fund Stock Up 0.7 %

KEG.UN stock opened at C$14.45 on Wednesday. The company has a debt-to-equity ratio of 12.62, a current ratio of 0.04 and a quick ratio of 2.11. The firm has a market cap of C$164.01 million, a PE ratio of 11.94 and a beta of 1.37. 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 50 day simple moving average of C$14.66 and a 200 day simple moving average of C$14.95.

Insider Activity

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

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.