Keg Royalties Income Fund Dividend
What is Keg Royalties Income Fund current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
7.12%
Current Dividend Yield
Dividend Yield vs Market
| Keg Royalties Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KEG.UN) | 7.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 5.8% |
| Industry Average (Hospitality) | 3.3% |
| Analyst forecast in 3 Years (KEG.UN) | n/a |
Notable Dividend: KEG.UN's dividend (7.12%) is higher than the bottom 25% of dividend payers in the Canadian market (1.83%).
High Dividend: KEG.UN's dividend (7.12%) is in the top 25% of dividend payers in the Canadian market (5.85%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/29/2023 | 1.14 | 7.12 |
| 11/8/2022 | 1.14 | 7.13 |
| 11/7/2022 | 1.14 | 7.36 |
| 8/9/2022 | 1.14 | 7.19 |
| 3/10/2022 | 1.14 | 7.2 |
| 2/15/2022 | 1.14 | 7.43 |
| 12/10/2021 | 1.14 | 7.69 |
| 11/10/2021 | 1.14 | 7.36 |
| 10/13/2021 | 1.14 | 7.12 |
| 8/11/2021 | 0.84 | 5.98 |
| 7/12/2021 | 0.84 | 5.79 |
| 6/10/2021 | 0.42 | 2.85 |
| 5/12/2021 | 0.42 | 2.85 |
| 4/9/2021 | 0.42 | 3.03 |
| 3/11/2021 | 0.42 | 3.07 |
| 2/16/2021 | 0.42 | 3.24 |
| 12/18/2020 | 0.6 | 4.83 |
| 12/11/2020 | 0.6 | 4.85 |
| 11/12/2020 | 0.6 | 5.5 |
| 10/13/2020 | 0.6 | 6.99 |
| 9/11/2020 | 0.42 | 5.5 |
| 8/12/2020 | 0.42 | 4.91 |
| 7/10/2020 | 0.42 | 4.75 |
| 6/12/2020 | 0.42 | 4.38 |
| 5/13/2020 | 0.42 | 4.77 |
| 4/13/2020 | 0.42 | 4.89 |
| 3/12/2020 | 1.14 | 14.63 |
| 2/12/2020 | 1.14 | 8.12 |
| 12/17/2019 | 1.14 | 7.28 |
| 12/11/2019 | 1.14 | 7.16 |
| 11/12/2019 | 1.17 | 7.24 |
| 10/9/2019 | 1.17 | 7.15 |
| 9/13/2019 | 1.17 | 7.06 |
| 8/13/2019 | 1.17 | 7.14 |
| 7/11/2019 | 1.17 | 6.84 |
| 6/13/2019 | 1.17 | 6.78 |
| 5/11/2019 | 1.17 | 6.73 |
| 4/11/2019 | 1.17 | 6.65 |
| 2/12/2019 | 1.17 | 6.81 |
| 12/18/2018 | 1.17 | 7.08 |
| 12/13/2018 | 1.17 | 7.08 |
| 11/10/2018 | 1.17 | 6.78 |
| 10/12/2018 | 1.17 | 6.73 |
| 9/12/2018 | 1.17 | 6.67 |
| 8/10/2018 | 1.17 | 6.67 |
| 7/13/2018 | 1.17 | 6.8 |
| 6/13/2018 | 1.17 | 6.6 |
| 5/10/2018 | 1.17 | 6.49 |
| 4/12/2018 | 1.17 | 6.45 |
| 3/12/2018 | 1.17 | 6.38 |
| 12/19/2017 | 1.17 | 6.19 |
| 12/13/2017 | 1.17 | 5.83 |
| 11/10/2017 | 1.17 | 5.85 |
| 10/12/2017 | 1.13 | 5.61 |
| 9/13/2017 | 1.13 | 5.53 |
| 8/11/2017 | 1.13 | 5.52 |
| 8/9/2017 | 1.13 | 5.38 |
| 7/12/2017 | 1.1 | 5.09 |
| 6/13/2017 | 1.13 | 5.08 |
| 5/12/2017 | 1.13 | 5.02 |
| 4/10/2017 | 1.13 | 5.45 |
| 3/11/2017 | 1.13 | 5.62 |
| 2/9/2017 | 1.13 | 5.56 |
| 12/20/2016 | 1.13 | 5.5 |
| 12/13/2016 | 1.1 | 5.33 |
| 11/10/2016 | 1.1 | 5.41 |
| 10/13/2016 | 1.1 | 5.28 |
| 9/12/2016 | 1.1 | 5.26 |
| 8/10/2016 | 1.1 | 5.33 |
| 7/13/2016 | 1.08 | 5.63 |
| 6/10/2016 | 1.08 | 5.89 |
| 5/4/2016 | 1.08 | 6.02 |
| 4/13/2016 | 1.05 | 5.82 |
| 3/10/2016 | 1.05 | 5.71 |
| 2/10/2016 | 1.05 | 5.83 |
| 12/15/2015 | 1.05 | 6.16 |
| 12/11/2015 | 1.05 | 5.97 |
| 11/16/2015 | 1.05 | 5.71 |
| 10/10/2015 | 1.01 | 5.49 |
| 9/11/2015 | 1.01 | 5.66 |
| 8/13/2015 | 1.01 | 5.5 |
| 8/4/2015 | 0.99 | 4.9 |
| 7/10/2015 | 1.01 | 5.27 |
| 6/11/2015 | 0.98 | 5.13 |
| 5/13/2015 | 0.98 | 4.7 |
| 4/10/2015 | 0.98 | 4.84 |
| 2/24/2015 | 0.98 | 4.95 |
| 2/13/2015 | 0.96 | 5.02 |
| 12/13/2014 | 0.96 | 5.33 |
| 11/13/2014 | 0.96 | 5.62 |
| 10/9/2014 | 0.96 | 5.66 |
| 9/11/2014 | 0.96 | 5.74 |
| 8/13/2014 | 0.96 | 5.76 |
| 7/11/2014 | 0.96 | 5.89 |
| 6/12/2014 | 0.96 | 5.93 |
| 5/13/2014 | 0.96 | 5.99 |
| 4/11/2014 | 0.96 | 6.03 |
| 3/13/2014 | 0.96 | 6.01 |
| 2/12/2014 | 0.96 | 5.9 |
| 12/19/2013 | 0.96 | 5.74 |
| 12/13/2013 | 0.96 | 5.97 |
| 11/13/2013 | 0.96 | 5.91 |
| 10/9/2013 | 0.96 | 6.17 |
| 9/12/2013 | 0.96 | 6.45 |
| 8/13/2013 | 0.96 | 6.47 |
| 7/11/2013 | 0.96 | 6.53 |
| 6/13/2013 | 0.96 | 6.64 |
| 5/10/2013 | 0.96 | 6.37 |
| 4/12/2013 | 0.96 | 6.32 |
| 3/13/2013 | 0.96 | 6.29 |
| 2/13/2013 | 0.96 | 6.33 |
| 12/19/2012 | 0.96 | 6.46 |
| 12/12/2012 | 0.96 | 6.63 |
| 11/10/2012 | 0.96 | 6.75 |
| 10/11/2012 | 0.96 | 6.63 |
| 9/13/2012 | 0.96 | 6.6 |
| 8/10/2012 | 0.96 | 6.74 |
| 7/12/2012 | 0.96 | 6.82 |
| 6/13/2012 | 0.96 | 6.86 |
| 5/11/2012 | 0.96 | 6.66 |
| 4/13/2012 | 0.96 | 6.45 |
| 3/13/2012 | 0.96 | 6.7 |
| 2/11/2012 | 0.96 | 6.93 |
Stable Dividend: KEG.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: KEG.UN's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (267.8%), KEG.UN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.6%), KEG.UN's dividend payments are covered by cash flows.