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

Vox Royalty Corp. (NASDAQ:VOXR) declared a quarterly dividend on Monday, May 19th, Wall Street Journal reports. Investors of record on Monday, June 30th will be paid a dividend of 0.0125 per share on Monday, July 14th. This represents a $0.05 annualized dividend and a yield of 1.42%. The ex-dividend date is Monday, June 30th.

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

Vox Royalty Stock Up 5.7%

NASDAQ:VOXR traded up $0.19 during mid-day trading on Monday, hitting $3.52. 286,003 shares of the stock traded hands, compared to its average volume of 203,923. The business’s 50-day moving average price is $3.03 and its 200 day moving average price is $2.68. The company has a market cap of $178.65 million, a PE ratio of -117.33 and a beta of 0.39. Vox Royalty has a 12-month low of $2.16 and a 12-month high of $3.57.

Vox Royalty (NASDAQ:VOXR) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). Vox Royalty had a negative net margin of 14.94% and a negative return on equity of 3.71%. The firm had revenue of $2.68 million for the quarter, compared to analysts’ expectations of $3.50 million. Analysts anticipate that Vox Royalty will post -0.01 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.