Duke Royalty Ltd (LON:DUKE) declared a dividend on Thursday, September 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 26th will be given a dividend of GBX 0.75 ($0.01) per share on Friday, October 18th. This represents a dividend yield of 1.56%. The ex-dividend date is Thursday, September 26th. This is a boost from Duke Royalty’s previous dividend of $0.70. The official announcement can be seen at this link.

Shares of DUKE traded up GBX 0.50 ($0.01) during mid-day trading on Thursday, reaching GBX 48.20 ($0.63). The company’s stock had a trading volume of 96,947 shares, compared to its average volume of 16,486. Duke Royalty has a 12-month low of GBX 39.80 ($0.52) and a 12-month high of GBX 64.30 ($0.84). The stock has a market cap of $96.34 million and a PE ratio of 43.82. The company has a debt-to-equity ratio of 16.21, a current ratio of 10.11 and a quick ratio of 9.55. The company’s 50 day moving average is GBX 45.72 and its 200 day moving average is GBX 45.26.

Separately, Berenberg Bank increased their price objective on Duke Royalty from GBX 54 ($0.71) to GBX 56 ($0.73) and gave the company a “buy” rating in a report on Tuesday, July 9th.

About Duke Royalty

Duke Royalty Limited, formerly Praetorian Resources Limited, is a closed-ended investment holding company. The Company’s investment policy is to invest in a diversified portfolio of royalty finance and related opportunities to build a stable and reliable income for shareholders by seeking to invest in, long term, revenue-based royalties in private and/or public companies, and/or other alternative asset classes and/or financing instruments from time to time that bear similar risk and return characteristics to the investments in long term, revenue-based royalties.

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Dividend History for Duke Royalty (LON:DUKE)

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