Vox Royalty Corp. Plans Quarterly Dividend of $0.02 (NASDAQ:VOXR)

Vox Royalty Corp. (NASDAQ:VOXRGet Free Report) announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.015 per share on Tuesday, July 14th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th.

Vox Royalty has a payout ratio of 85.7% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities analysts expect Vox Royalty to earn $0.23 per share next year, which means the company should continue to be able to cover its $0.06 annual dividend with an expected future payout ratio of 26.1%.

Vox Royalty Price Performance

Shares of VOXR stock traded up $0.36 during mid-day trading on Thursday, hitting $6.64. 475,959 shares of the stock were exchanged, compared to its average volume of 583,909. The firm has a fifty day moving average of $5.53 and a 200 day moving average of $5.13. The company has a quick ratio of 2.73, a current ratio of 2.73 and a debt-to-equity ratio of 0.06. Vox Royalty has a 52-week low of $3.03 and a 52-week high of $6.61. The company has a market cap of $457.43 million, a PE ratio of 95.19 and a beta of 0.36.

Vox Royalty (NASDAQ:VOXRGet Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.03. The firm had revenue of $7.36 million for the quarter, compared to analyst estimates of $7.72 million. Vox Royalty had a net margin of 35.42% and a return on equity of 0.71%. Research analysts anticipate that Vox Royalty will post 0.11 earnings per share for the current year.

About Vox Royalty

(Get Free Report)

Vox Royalty Corp. is a mining royalty and streaming company that acquires interest in precious and base metal projects around the world. By investing in royalty and metal stream agreements, the company provides non-dilutive financing to exploration and mining operators in exchange for a percentage of production revenue or metal offtake. This model allows Vox Royalty to build a steady cash-flow profile without the operational risks and capital expenditures associated with direct mine ownership.

Since its founding in 2018 and subsequent listing on the TSX Venture Exchange, Vox Royalty has assembled a diversified portfolio of royalty and stream interests covering gold, silver, copper, zinc, nickel and other battery metals.

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Dividend History for Vox Royalty (NASDAQ:VOXR)

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