Keg Royalties Income Fund (TSE:KEG.UN) Reaches New 52-Week High at $15.36

Keg Royalties Income Fund (TSE:KEG.UN)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$15.36 and last traded at C$15.24, with a volume of 8791 shares. The stock had previously closed at C$15.18.

Keg Royalties Income Fund Stock Up 0.3 %

The firm has a 50-day moving average of C$14.79 and a 200 day moving average of C$14.48. The stock has a market capitalization of C$172.75 million, a price-to-earnings ratio of 12.55 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.

Keg Royalties Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 30th will be given a dividend of $0.0946 per share. This represents a $1.14 annualized dividend and a yield of 7.46%. The ex-dividend date of this dividend is Friday, September 20th. Keg Royalties Income Fund’s dividend payout ratio (DPR) is presently 94.21%.

Keg Royalties Income Fund Company Profile

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.