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Keg Royalties Income Fund (KEG.UN-T) has shown steady progress and emergence following the pandemic shut-downs. The company is effectively managing cash reserves, retiring debt, and supporting a strong dividend. Latest reported earnings reflect a 14% increase in sales for the year to date. Experts recommend trailing up the stop to $13.50, placing a stop-loss at $11.75, and aiming for an upside potential of 18% with a yield of 8.4%.
It has been very well managed and has been one of the better performers. He is staying away from restaurants as they are expensive and have very little growth. This is one of the better ones, however. If you are happy with the dividend then hold on to it.
Not widely followed and not very liquid. Overall this is a decent story. You would have to evaluate some of the story to Alberta and whether that is significant. A lot of these restaurant royalty funds have done quite well, because the consumer has proven that they are overspending like a drunken sailor on a shore leave.
This is a good business and the royalty structure is a good structure. This is sort of a beneficial thing to put in something that doesn’t attract full taxation. These are good retail holdings.
Keg Royalties Income Fund is a Canadian stock, trading under the symbol KEG.UN-T on the Toronto Stock Exchange (KEG.UN-CT). It is usually referred to as TSX:KEG.UN or KEG.UN-T
In the last year, 1 stock analyst published opinions about KEG.UN-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Keg Royalties Income Fund.
Keg Royalties Income Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for Keg Royalties Income Fund.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Keg Royalties Income Fund In the last year. It is a trending stock that is worth watching.
On 2024-04-19, Keg Royalties Income Fund (KEG.UN-T) stock closed at a price of $14.36.
With an ROE of 24% and a solid dividend that is supported by cash reserves, we reiterate KEG.UN as a TOP PICK. A steady performing income fund that returns its cash as a dividend. We continue to recommend a stop at $13.50, looking to achieve $17.00 -- upside potential of 17%. Yield 7.8%