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

Vox Royalty Corp. (NASDAQ:VOXR) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.012 per share on Tuesday, January 14th. This represents a $0.05 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Tuesday, December 31st.

Vox Royalty has a payout ratio of 57.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Vox Royalty to earn ($0.01) 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 -400.0%.

Vox Royalty Stock Performance

VOXR stock opened at $2.81 on Friday. Vox Royalty has a 1 year low of $1.70 and a 1 year high of $3.24. The stock’s 50 day moving average price is $2.89 and its 200 day moving average price is $2.62. The firm has a market cap of $141.62 million, a P/E ratio of -140.50 and a beta of 1.01.

Vox Royalty (NASDAQ:VOXR) last posted its earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). Vox Royalty had a negative return on equity of 0.54% and a negative net margin of 9.88%. The firm had revenue of $2.84 million for the quarter. On average, research analysts predict 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.