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

Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report) announced a monthly dividend on Monday, April 21st, TickerTech Dividends reports. Shareholders of record on Wednesday, April 30th will be paid a dividend of 0.0946 per share on Wednesday, April 30th. This represents a $1.14 dividend on an annualized basis and a yield of 8.13%. The ex-dividend date of this dividend is Monday, April 21st.

Keg Royalties Income Fund Stock Performance

Shares of TSE:KEG.UN traded down C$0.05 during mid-day trading on Thursday, reaching C$13.96. 11,500 shares of the company traded hands, compared to its average volume of 10,604. Keg Royalties Income Fund has a 52 week low of C$12.86 and a 52 week high of C$15.95. The firm has a market cap of C$158.45 million, a PE ratio of 11.54 and a beta of 1.37. The company's 50 day moving average price is C$13.96 and its 200-day moving average price is C$14.63. The company has a debt-to-equity ratio of 12.62, a current ratio of 0.04 and a quick ratio of 2.11.

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.