Cash Dividend On The Way From Keg Royalties Income Fund (KEG-UN)

On 10/17/13, Keg Royalties Income Fund (TSX: KEG-UN.TO) will trade ex-dividend, for its monthly dividend of $0.08, payable on 10/31/13. As a percentage of KEG.UN's recent stock price of $15.03, this dividend works out to approximately 0.53%, so look for shares of Keg Royalties Income Fund to trade 0.53% lower — all else being equal — when KEG.UN shares open for trading on 10/17/13.

Below is a dividend history chart for KEG.UN, showing historical dividends prior to the most recent $0.08 declared by Keg Royalties Income Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KEG.UN is likely to continue, and whether the current estimated yield of 6.39% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Keg Royalties Income Fund shares are currently trading flat on the day.

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