Keg Royalties Income Fund (KEG.UN-T)
TSE:KEG.UN
14.30
0.28
(2.00%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Related posts
Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)Most Anticipated Earnings: UNC-T, DAN-X and more Canadian Companies Reporting Earnings this Week (Nov 27-Dec 01)Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)This summary was created by AI, based on 3 opinions in the last 12 months.
The Keg Royalties Income Fund (KEG.UN) is a $240 million fund focused on investing in Keg Rights Limited Partnership, which operates and franchises Keg steakhouse restaurants. The fund offers a robust distribution yield of around 8%, making it attractive for income-oriented investors. While sales growth has been relatively flat in recent years, cash from operations has shown a steady yet modest growth trend. The annual distribution payment is approximately $14 million backed by free cash flows of around $28 million, suggesting that the distributions are sustainable. Despite a decline in unit price, the fund has achieved a total return CAGR of 8% over the past two decades, positioning it as a reliable income-generating option.
Our PAST TOP PICK with KEG.UN has triggered its stop at $13.50. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 3%, when combined with our previous recommendations.
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%
This Vancouver based restaurant royalty has emerged thriving following the pandemic shut-downs. The company is prudently managing cash reserves to retire debt and support a strong dividend. Latest reported earnings showed a 14% increase in sales for the year to date. We recommend placing a stop-loss at $11.75, looking to achieve $16 -- upside potential of 18%. Yield 8.4%
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.
Keg Royalties Income Fund(KEG.UN-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Keg Royalties Income Fund(KEG.UN-T) Frequently Asked Questions
What is Keg Royalties Income Fund stock symbol?
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
Is Keg Royalties Income Fund a buy or a sell?
In the last year, 2 stock analysts published opinions about KEG.UN-T. 2 analysts 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.
Is Keg Royalties Income Fund a good investment or a top pick?
Keg Royalties Income Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for Keg Royalties Income Fund.
Why is Keg Royalties Income Fund stock dropping?
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.
Is Keg Royalties Income Fund worth watching?
2 stock analysts on Stockchase covered Keg Royalties Income Fund In the last year. It is a trending stock that is worth watching.
What is Keg Royalties Income Fund stock price?
On 2025-04-17, Keg Royalties Income Fund (KEG.UN-T) stock closed at a price of $14.3.
The Keg Royalties Income Fund (KEG.UN) is a $240M fund that invests in the Keg Rights Limited Partnership in connection with the operation and franchising of Keg steakhouse restaurants. It has a distribution yield of around 8%. Sales growth has mostly been flat over the past several years, cash from operations has shown a steady growth rate, but still quite modest. It pays around $14M each year in distributions, and its free cash flows have been around $28M. We would consider the distributions sustainable, and while its unit price has declined, its total return CAGR over the past 20 years is 8%.
Unlock Premium - Try 5i Free