Keg Royalties Income Fund (TSE:KEG.UN) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Keg Royalties Income Fund (TSE:KEG.UN) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$14.86 and traded as low as C$13.90. Keg Royalties Income Fund shares last traded at C$13.96, with a volume of 4,106 shares changing hands.

Keg Royalties Income Fund Stock Up 0.6 %

The company has a market cap of C$158.45 million, a price-to-earnings ratio of 11.54 and a beta of 1.37. The company has a current ratio of 0.04, a quick ratio of 2.11 and a debt-to-equity ratio of 12.62. The business has a fifty day moving average price of C$14.34 and a two-hundred day moving average price of C$14.86.

Keg Royalties Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be issued a $0.0946 dividend. The ex-dividend date is Friday, March 21st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.13%. Keg Royalties Income Fund’s dividend payout ratio is 94.21%.

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.