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

Vox Royalty Corp. (NASDAQ:VOXR) announced a quarterly dividend on Wednesday, August 7th, Zacks reports. Shareholders of record on Friday, September 27th will be paid a dividend of 0.012 per share on Friday, October 11th. This represents a $0.05 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date is Friday, September 27th.

Vox Royalty has a payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Vox Royalty to earn ($0.02) 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 -200.0%.

Vox Royalty Stock Performance

NASDAQ VOXR traded up $0.07 on Friday, reaching $2.81. The stock had a trading volume of 2,645 shares, compared to its average volume of 148,381. Vox Royalty has a 12-month low of $1.70 and a 12-month high of $3.04. The business’s 50-day moving average price is $2.61 and its 200 day moving average price is $2.22. The stock has a market cap of $141.17 million, a P/E ratio of 273.77 and a beta of 1.01.

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.