Duke Royalty Ltd (LON:DUKE) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 4th will be given a dividend of GBX 0.70 ($0.01) per share on Wednesday, April 17th. This represents a yield of 1.58%. The ex-dividend date of this dividend is Thursday, April 4th. The official announcement can be accessed at this link.
DUKE remained flat at $GBX 46 ($0.60) on Friday. The company had a trading volume of 897,362 shares, compared to its average volume of 16,486. Duke Royalty has a fifty-two week low of GBX 39.80 ($0.52) and a fifty-two week high of GBX 64.30 ($0.84). The company has a market cap of $91.94 million and a price-to-earnings ratio of 92.00.
In related news, insider Charles Cannon-Brookes purchased 100,000 shares of Duke Royalty stock in a transaction that occurred on Thursday, March 21st. The shares were acquired at an average cost of GBX 44 ($0.57) per share, for a total transaction of £44,000 ($57,493.79).
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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