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

Keg Royalties Income Fund (TSE:KEG.UN) announced a monthly dividend on Friday, December 20th,TickerTech Dividends reports. Shareholders of record on Tuesday, December 31st will be paid 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 7.54%. The ex-dividend date of this dividend is Friday, December 20th.

Keg Royalties Income Fund Stock Performance

Shares of TSE KEG.UN opened at C$15.06 on Wednesday. The company has a market cap of C$170.93 million, a PE ratio of 12.39 and a beta of 1.37. The company has a quick ratio of 2.11, a current ratio of 0.04 and a debt-to-equity ratio of 12.62. The firm’s 50-day moving average price is C$15.31 and its 200-day moving average price is C$14.74. Keg Royalties Income Fund has a 52-week low of C$12.91 and a 52-week high of C$15.95.

Insider Buying and Selling at Keg Royalties Income Fund

In other Keg Royalties Income Fund 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 bought at an average price of C$15.20 per share, with a total value of C$202,222.51. Company insiders own 50.30% of the company’s stock.

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.