Keg Royalties Income Fund Plans Monthly Dividend of $0.09 (KEG.UN)

Keg Royalties Income Fund (TSE:KEG.UN) declared a monthly dividend on Thursday, October 18th, TickerTech reports. Stockholders of record on Wednesday, October 31st will be paid a dividend of 0.0946 per share on Wednesday, October 31st. This represents a $1.14 annualized dividend and a dividend yield of 6.56%. The ex-dividend date of this dividend is Thursday, October 18th.

Shares of TSE:KEG.UN traded down C$0.14 during trading on Wednesday, hitting C$17.30. The company’s stock had a trading volume of 6,532 shares, compared to its average volume of 17,701. Keg Royalties Income Fund has a 12 month low of C$16.61 and a 12 month high of C$23.15.

Keg Royalties Income Fund Company Profile

The Keg Royalties Income Fund is a limited purpose, open-ended trust. The Trust’s objective is to provide consistent monthly distributions to unitholders at the highest sustainable level, and the Trustees of the Trust review distribution levels on an ongoing basis to fulfill that objective. The Trust pays distributions on a monthly basis to unitholders.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

Dividend History for Keg Royalties Income Fund (TSE:KEG.UN)

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