Keg Royalties Income Fund (TSE:KEG.UN) Sets New 12-Month Low – Should You Sell?

Keg Royalties Income Fund (TSE:KEG.UNGet Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as C$12.86 and last traded at C$13.10, with a volume of 13815 shares. The stock had previously closed at C$13.40.

Keg Royalties Income Fund Trading Down 2.1 %

The company’s 50-day simple moving average is C$14.11 and its 200 day simple moving average is C$14.76. 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 has a market capitalization of C$148.91 million, a PE ratio of 10.84 and a beta of 1.37.

Keg Royalties Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were paid a $0.0946 dividend. The ex-dividend date was Friday, March 21st. This represents a $1.14 annualized dividend and a yield of 8.65%. Keg Royalties Income Fund’s dividend payout ratio (DPR) is 94.21%.

About Keg Royalties Income Fund

(Get Free Report)

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.

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