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. Shareholders of record on Monday, March 31st will be paid a dividend of 0.0125 per share on Monday, April 14th. This represents a $0.05 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from Vox Royalty’s previous quarterly dividend of $0.01.

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

Vox Royalty Stock Down 6.7 %

VOXR opened at $2.38 on Friday. The stock has a market cap of $120.57 million, a price-to-earnings ratio of -79.33 and a beta of 0.93. Vox Royalty has a 12-month low of $1.81 and a 12-month high of $3.24. The business has a 50 day moving average of $2.40 and a 200-day moving average of $2.65.

Vox Royalty (NASDAQ:VOXR) last released 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%. As a group, analysts expect 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.