Keg Royalties Income Fund (TSE:KEG.UN) Declares Monthly Dividend of $0.09

Keg Royalties Income Fund (TSE:KEG.UN) declared a monthly dividend on Friday, December 20th,TickerTech Dividends reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.0946 per share on Tuesday, December 31st. This represents a $1.14 dividend on an annualized basis and a yield of 7.57%. The ex-dividend date of this dividend is Friday, December 20th.

Keg Royalties Income Fund Stock Down 0.3 %

Shares of KEG.UN opened at C$14.99 on Wednesday. The firm has a market cap of C$170.14 million, a P/E ratio of 12.39 and a beta of 1.37. Keg Royalties Income Fund has a 12 month low of C$12.91 and a 12 month high of C$15.95. The stock’s 50 day moving average is C$15.31 and its two-hundred day moving average is C$14.74. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 12.62.

Insider Buying and Selling at Keg Royalties Income Fund

In other news, Senior Officer Kenneth Joseph Grondin acquired 13,300 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was purchased at an average price of C$15.20 per share, with a total value of C$202,222.51. Insiders own 50.30% of the company’s stock.

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.