Vox Royalty Corp. (NASDAQ:VOXR) Declares Dividend Increase – $0.01 Per Share

Vox Royalty Corp. (NASDAQ:VOXR) declared a quarterly dividend on Friday, February 21st, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.0125 per share on Monday, April 14th. This represents a $0.05 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Monday, March 31st. This is a boost from Vox Royalty’s previous quarterly dividend of $0.01.

Vox Royalty has a dividend payout ratio of 57.1% meaning its dividend is sufficiently covered by earnings.

Vox Royalty Stock Performance

Shares of VOXR stock opened at $2.38 on Friday. Vox Royalty has a 52 week low of $1.81 and a 52 week high of $3.24. The company’s 50 day moving average price is $2.40 and its two-hundred day moving average price is $2.65. The company has a market capitalization of $120.57 million, a P/E ratio of -79.33 and a beta of 0.93.

Vox Royalty (NASDAQ:VOXR) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.02) EPS for the quarter. The company had revenue of $2.90 million for the quarter. Vox Royalty had a negative return on equity of 3.71% and a negative net margin of 14.94%. Analysts forecast that Vox Royalty will post -0.01 earnings per share for the current 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.