Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.77 and traded as low as C$14.70. Keg Royalties Income Fund shares last traded at C$14.80, with a volume of 2,022 shares.
Keg Royalties Income Fund Stock Performance
The stock's fifty day moving average price is C$15.24 and its two-hundred day moving average price is C$14.77. The company has a market cap of C$167.98 million, a P/E ratio of 12.23 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 Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st will be issued a dividend of $0.0946 per share. This represents a $1.14 annualized dividend and a dividend yield of 7.67%. The ex-dividend date is Friday, December 20th. Keg Royalties Income Fund's dividend payout ratio (DPR) is 94.21%.
Insider Activity at Keg Royalties Income Fund
In related news, Senior Officer Kenneth Joseph Grondin purchased 13,300 shares of Keg Royalties Income Fund stock in a transaction on Tuesday, December 10th. The shares were purchased at an average price of C$15.20 per share, for a total transaction of C$202,222.51. 50.30% of the stock is owned by company insiders.
About Keg Royalties Income Fund
(
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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.
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