Keg Royalties stock dividend – Keg Royalties Income Fund Declares 0.0946 Cash Dividend
March 10, 2023
Dividends Yield
KEG ROYALTIES ($TSX:KEG.UN) recently announced a significant dividend payment of 0.0946 cash dividend per share on March 9th 2023. This is the third dividend payment made by the company, following dividend payments of 1.14 CAD, 0.76 CAD and 0.6 CAD over the last three years. The respective dividend yields of these payments are 7.34%, 5.38% and 5.9%, with an overall average yield of 6.21%.
This makes KEG ROYALTIES a potentially attractive stock for dividend-seeking investors, as it offers a reliable and consistent income stream. Those who are interested in taking advantage of this dividend payment should note that the ex-dividend date is March 20th 2023.
Market Price
The stock opened at CA$16.3 and closed at CA$16.1, down 0.6% from the last closing price of CA$16.2. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Keg Royalties. More…
| Total Revenues | Net Income | Net Margin |
| 25.84 | 4.81 | 18.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Keg Royalties. More…
| Operations | Investing | Financing |
| 25.38 | – | -25.26 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Keg Royalties. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 258.22 | 157.34 | 8.88 |
Key Ratios Snapshot
Some of the financial key ratios for Keg Royalties are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.4% | 0.3% | 85.4% |
| FCF Margin | ROE | ROA |
| 98.2% | 14.3% | 5.3% |
Analysis
At GoodWhale, we’ve conducted an analysis of KEG ROYALTIES‘s wellbeing. Our analysis has determined that KEG ROYALTIES is a medium risk investment when it comes to both financial and business aspects. We’ve detected two risk warnings within the income and balance sheets of KEG ROYALTIES. To view these risk warnings, become a registered user of GoodWhale. We can provide you with detailed information and advice about this potential investment. More…
Peers
The company was founded in 1971 and has its headquarters in Vancouver, British Columbia. The Keg has over 150 restaurants across Canada and the United States. The company’s revenue for the fiscal year ended December 31, 2018 was CAD $446 million. Various Eateries PLC is a publicly traded company that owns and operates several restaurant chains in the United Kingdom. The company was founded in 2001 and is headquartered in London, England. Various Eateries PLC’s revenue for the fiscal year ended December 31, 2018 was GBP £1.3 billion. Pizza Pizza Royalty Corp is a Canadian publicly traded company that owns the Pizza Pizza and Pizza 73 restaurant chains in Canada. The company was founded in 1967 and has its headquarters in Toronto, Ontario. Pizza Pizza Royalty Corp’s revenue for the fiscal year ended December 31, 2018 was CAD $418 million. Wingstop Inc is an American publicly traded company that owns and operates a chain of chicken wing restaurants. The company was founded in 1994 and has its headquarters in Dallas, Texas. Wingstop Inc’s revenue for the fiscal year ended December 31, 2018 was USD $1 billion.
– Various Eateries PLC ($LSE:VARE)
Writers Eateries PLC is a restaurant company that operates in the United Kingdom. The company has a market capitalization of 30.26 million as of 2022 and a return on equity of -3.67%. The company operates a number of restaurants in the United Kingdom, specializing in British and international cuisine.
– Pizza Pizza Royalty Corp ($TSX:PZA)
Pizza Pizza Royalty Corp. is a Canadian corporation that operates and franchises pizza restaurants in Canada. As of 2022, the company has a market capitalization of 417.98 million Canadian dollars and a return on equity of 6.95%.
– Wingstop Inc ($NASDAQ:WING)
With a market cap of $4.99B as of 2022, Wingstop Inc has a negative ROE of -11.59%. The company operates and franchises restaurants under the Wingstop brand name. As of December 31, 2020, Wingstop Inc had 1,369 restaurants in 10 countries. The company was founded in 1994 and is based in Dallas, Texas.
Summary
KEG ROYALTIES is a dividend paying investment with a track record of consistent payments over the last three years. The dividends paid in the last three years were 1.14 CAD, 0.76 CAD and 0.6 CAD, yielding average yields of 7.34%, 5.38% and 5.9%, respectively, with an average yield of 6.21%.
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