TSX:KEG.UN - Post by User
Comment by
flamingogoldon Jul 13, 2021 7:54am
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Post# 33534785
RE:Distribution Increase
RE:Distribution IncreaseBoring, sweet dividends. Love it!
pierrelebel wrote:
VANCOUVER, British Columbia, July 12, 2021 (GLOBE NEWSWIRE) -- The Keg Royalties Income Fund (TSX: KEG.UN or the “Fund”) today announced that it would be increasing the monthly distributions on units of the Fund (“Units”) commencing with the July 2021 distribution. Monthly distributions will be increased from their current level of $0.035 per Unit to $0.07 per Unit. The revised monthly distribution of $0.07 per Unit has therefore been declared and will be paid on July 30, 2021 to unitholders of record on July 21, 2021. Annually, the revised distributions result in an increase from the current level of $0.42 per Unit to $0.84 per Unit. The Fund currently plans to make those distributions each month for the next three months on the traditional pattern ending on September 30, 2021.