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

Keg Royalties Income Fund (TSE:KEG.UN) declared a monthly dividend on Friday, February 21st,TickerTech Dividends reports. Shareholders of record on Friday, February 28th will be given 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 of this dividend is Friday, February 21st.

Keg Royalties Income Fund Stock Up 0.7 %

Shares of KEG.UN stock opened at C$14.45 on Wednesday. The company has a market capitalization of C$164.01 million, a price-to-earnings 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. The stock’s 50 day simple moving average is C$14.66 and its 200 day simple moving average is C$14.95. Keg Royalties Income Fund has a twelve month low of C$12.91 and a twelve month high of C$15.95.

Insider Buying and Selling at Keg Royalties Income Fund

In related news, Senior Officer Kenneth Joseph Grondin acquired 13,300 shares of the stock in a transaction dated Tuesday, December 10th. The shares were acquired at an average price of C$15.20 per share, for a total transaction of C$202,222.51. Corporate 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.