Keg Royalties Income Fund (KEG.UN) to Issue Monthly Dividend of $0.09 on February 28th

Keg Royalties Income Fund (TSE:KEG.UN) declared a monthly dividend on Friday, February 21st,TickerTech Dividends reports. Investors of record on Friday, February 28th will be paid a dividend of 0.0946 per share on Friday, February 28th. This represents a $1.14 annualized dividend and a yield of 7.86%. The ex-dividend date is Friday, February 21st.

Keg Royalties Income Fund Stock Up 0.7 %

Shares of TSE:KEG.UN opened at C$14.45 on Wednesday. Keg Royalties Income Fund has a 52-week low of C$12.91 and a 52-week high of C$15.95. The firm has a fifty day moving average of C$14.66 and a 200 day moving average of C$14.95. The firm has a market capitalization of C$164.01 million, a PE ratio of 11.94 and a beta of 1.37. The company has a debt-to-equity ratio of 12.62, a quick ratio of 2.11 and a current ratio of 0.04.

Insider Buying and Selling

In other Keg Royalties Income Fund news, Senior Officer Kenneth Joseph Grondin purchased 13,300 shares of the business’s stock in a transaction on Tuesday, December 10th. The stock was 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 company insiders.

About Keg Royalties Income Fund

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.