Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$14.94 and traded as low as C$14.50. Keg Royalties Income Fund shares last traded at C$14.64, with a volume of 12,220 shares trading hands.
Keg Royalties Income Fund Stock Performance
The firm has a market cap of C$165.14 million, a P/E ratio of 12.02 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 company's 50-day moving average is C$15.00 and its two-hundred day moving average is C$14.94.
Keg Royalties Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.0946 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $1.14 annualized dividend and a yield of 7.80%. Keg Royalties Income Fund's payout ratio is 94.21%.
Insider Activity at Keg Royalties Income Fund
In other news, Senior Officer Kenneth Joseph Grondin bought 13,300 shares of the company's stock in a transaction on Tuesday, December 10th. The shares were purchased at an average price of C$15.20 per share, with a total value of C$202,222.51. 50.30% of the stock is owned by 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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