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

Vox Royalty Corp. (NASDAQ:VOXR) declared a quarterly dividend on Wednesday, August 7th, Zacks reports. Investors of record on Friday, September 27th will be given a dividend of 0.012 per share on Friday, October 11th. This represents a $0.05 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend is Friday, September 27th.

Vox Royalty has a payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. 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

Shares of VOXR opened at $2.95 on Wednesday. The business’s fifty day moving average price is $2.75 and its two-hundred day moving average price is $2.41. The firm has a market capitalization of $148.62 million, a price-to-earnings ratio of 295.30 and a beta of 0.99. Vox Royalty has a 52 week low of $1.70 and a 52 week high of $3.04.

Vox Royalty (NASDAQ:VOXR) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). The company had revenue of $2.84 million for the quarter. Vox Royalty had a return on equity of 2.06% and a net margin of 0.44%. As a group, research analysts forecast that Vox Royalty will post -0.01 EPS for the current year.

About Vox Royalty

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.