Keg Royalties Income Fund (TSE:KEG.UN - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$14.97 and traded as low as C$14.30. Keg Royalties Income Fund shares last traded at C$14.34, with a volume of 17,633 shares.
Keg Royalties Income Fund Trading Down 0.9 %
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 firm has a market cap of C$164.01 million, a PE ratio of 11.94 and a beta of 1.37. The business has a fifty day moving average price of C$14.87 and a 200 day moving average price of C$14.98.
Keg Royalties Income Fund Announces Dividend
The business also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.0946 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date of this dividend was Friday, December 20th. Keg Royalties Income Fund's dividend payout ratio (DPR) is 94.21%.
Insider Activity at Keg Royalties Income Fund
In other Keg Royalties Income Fund news, Senior Officer Kenneth Joseph Grondin bought 13,300 shares of the stock in a transaction dated Tuesday, December 10th. The shares were acquired at an average cost of C$15.20 per share, for a total transaction of C$202,222.51. 50.30% of the stock is owned by corporate insiders.
Keg Royalties Income Fund Company Profile
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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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