Vox Royalty Corp. Announces Quarterly Dividend of $0.01 (NASDAQ:VOXR)

Vox Royalty Corp. (NASDAQ:VOXR - Get Free Report) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.012 per share on Tuesday, January 14th. This represents a $0.05 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Tuesday, December 31st.

Vox Royalty has a dividend payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Vox Royalty to earn ($0.01) per share next year, which means the company may not be able to cover its $0.04 annual dividend with an expected future payout ratio of -400.0%.

Vox Royalty Stock Performance

VOXR stock traded down $0.10 during trading on Friday, reaching $2.71. 316,577 shares of the company traded hands, compared to its average volume of 165,770. The company has a market capitalization of $136.58 million, a price-to-earnings ratio of -140.50 and a beta of 1.01. The business has a 50 day simple moving average of $2.89 and a 200 day simple moving average of $2.62. Vox Royalty has a 12 month low of $1.70 and a 12 month high of $3.24.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, meeting analysts' consensus estimates of ($0.01). Vox Royalty had a negative net margin of 9.88% and a negative return on equity of 0.54%. The company had revenue of $2.84 million during the quarter. As a group, research analysts forecast that Vox Royalty will post -0.01 EPS for the current year.

Vox Royalty Company Profile

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.