KEG Royalties Income Fund T.KEG.UN

Vax passport = no lockdown

[flamingogold]

Last year was a wipeout with multiple lockdowns and restos in the crosshairs. The vax passport, now coming to the biggest Canadian market of Ontario, will keep the economic doors open this winter.

Once outdoor dining slows due to colder temps, expect the capacity limits (in Ontario) for indoor to be relaxed or dropped completely. This should allow the dividend to hold at 7¢, currently to be re-evaluated in the coming month, and possibly could see another bump by the end of the year.

[apollojetic]

Meanwhile the share price is lower than the day they announced the distribution increase. That says a lot. Market is still nervous about Delta variant and the fourth wave currently under way and growing. We will have to learn to live with this virus and get on with our lives at some point. Passport should help but some people are still very weary about indoor dining in an ongoing pandemic

[babedinkleman]

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