Stock Analysis

The Keg Royalties Income Fund (TSE:KEG.UN): A Fundamentally Attractive Investment

TSX:KEG.UN
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As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of The Keg Royalties Income Fund (TSE:KEG.UN), it is a well-regarded dividend-paying company with a an impressive history of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Keg Royalties Income Fund here.

Outstanding track record average dividend payer

KEG.UN delivered a triple-digit bottom-line expansion over the past couple of years, with its most recent earnings level surpassing its average level over the last five years. This strong performance generated a robust double-digit return on equity of 22.81%, which is what investors like to see!

TSX:KEG.UN Income Statement June 14th 18
TSX:KEG.UN Income Statement June 14th 18

KEG.UN is considered one of the top dividend payers in the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments.

TSX:KEG.UN Historical Dividend Yield June 14th 18
TSX:KEG.UN Historical Dividend Yield June 14th 18

Next Steps:

For Keg Royalties Income Fund, I've put together three pertinent factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for KEG.UN’s future growth? Take a look at our free research report of analyst consensus for KEG.UN’s outlook.
  2. Financial Health: Is KEG.UN’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of KEG.UN? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

Valuation is complex, but we're helping make it simple.

Find out whether Keg Royalties Income Fund is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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Simply Wall St analyst Simply Wall St and Simply Wall St have no position in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.