Keg Royalties Income Fund (TSE:KEG.UN) announced a monthly dividend on Wednesday, March 20th, TickerTech reports. Stockholders of record on Friday, March 29th will be paid a dividend of 0.0946 per share on Friday, March 29th. This represents a $1.14 annualized dividend and a dividend yield of 6.66%. The ex-dividend date is Wednesday, March 20th.
Shares of KEG.UN stock opened at C$17.04 on Friday. Keg Royalties Income Fund has a 12-month low of C$16.61 and a 12-month high of C$23.15.
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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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