Vox Royalty Corp. to Issue Quarterly Dividend of $0.01 (NASDAQ:VOXR)

Vox Royalty Corp. (NASDAQ:VOXR) declared a quarterly dividend on Wednesday, May 8th, Zacks reports. Shareholders of record on Friday, June 28th will be given a dividend of 0.012 per share on Friday, July 12th. This represents a $0.05 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Friday, June 28th.

Vox Royalty has a dividend payout ratio of 57.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Vox Royalty to earn ($0.02) per share next year, which means the company may not be able to cover its $0.04 annual dividend with an expected future payout ratio of -200.0%.

Vox Royalty Trading Down 2.0 %

VOXR stock opened at $2.00 on Friday. The stock has a 50-day moving average price of $2.02 and a two-hundred day moving average price of $2.00. The stock has a market cap of $100.24 million, a PE ratio of -200.00 and a beta of 0.85. Vox Royalty has a 1 year low of $1.70 and a 1 year high of $3.02.

Vox Royalty (NASDAQ:VOXR) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.01 earnings per share for the quarter. Vox Royalty had a positive return on equity of 1.85% and a negative net margin of 0.81%. The company had revenue of $3.00 million during the quarter. On average, analysts forecast that Vox Royalty will post -0.02 earnings per share for the current fiscal year.

About Vox Royalty

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.