KEG Royalties Income Fund T.KEG.UN

Alternate Symbol(s): KRIUF

Consumer Cyclical Restaurants

The Keg Royalties Income Fund (the Fund) is a limited-purpose open-ended trust. The Fund’s objective is to provide consistent monthly distributions to unitholders at the highest sustainable level. The Fund, through its subsidiary The Keg Rights Limited Partnership (the Partnership), purchased The Keg trademarks and other related intellectual property (the Keg Rights) from Keg Restaurants Ltd. (KRL). The business of the Partnership is the ownership of the Keg Rights and, through a License and Royalty Agreement with KRL to exploit the use of the Keg Rights and the collection of the royalty payable under the License and Royalty Agreement equal to 4% of gross sales of Keg restaurants included in a specific pool (the Royalty Pool). KRL’s principal activity is the operation and franchising of Keg steakhouse and bar restaurants in Canada and the United States. The Keg GP Ltd. is the general partner of the partnership and administrator of the Fund.

TSX:KEG.UN - Post by User

KEG Royalties Income Fund > While tech gets cru-ushed...

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Comment by flamingogoldon Feb 18, 2022 11:41am

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Post# 34442061

RE:RE:While tech gets cru-ushed...

I hold EXE as well, bought as low as $5.40 during the pandemic rout. Exciting as paint dry but the distributions rolled in every month and were never cut. SRV though one of my best comeback plays with more than double cap gains and +20% dstributions. Hoping to repeat the same with MRT, a lonely reit that is itching to get a distribution bump soon. Beats playing the pennies and high flyers where most get whacked in the end gutting a portfolio.

Buy 'em while they're unloved... patience... profit!

logicandinertia wrote: yup. seeing it everywhere. perceived safety with a good yield is well bid while speculative froth melts.

Dow Jones US Small cap value index underperformed Dow Jones US Small cap growth index from mid-2010 until late 2020, over a decade and year after year with no respite. While value has outperformed for 15 months, this only takes it back to March 2020 relative levels .

Cash is now generating a negative real return, and with the carnage in speculative growth/garbage, I only expect the bid for 6-8 percent dividend yield securities with low broader market correlation to persist for some time.

Things like KEG, Extendicare, Sienna, SmartCentres, Slate Grocery, etc., all have great charts and each yielding over 6%...