Vox Royalty Corp. (VOXR) to Issue Quarterly Dividend of $0.01 on January 14th

Vox Royalty Corp. (NASDAQ:VOXR) declared a quarterly dividend on Wednesday, November 12th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.0125 per share on Wednesday, January 14th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, December 31st.

Vox Royalty has a dividend payout ratio of 71.4% meaning its dividend is sufficiently covered by earnings.

Vox Royalty Stock Performance

NASDAQ:VOXR opened at $5.09 on Monday. The company has a market capitalization of $347.49 million, a price-to-earnings ratio of -127.25 and a beta of 0.34. The business has a 50 day moving average of $4.57 and a 200 day moving average of $3.92. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.35 and a quick ratio of 3.35. Vox Royalty has a 1-year low of $2.21 and a 1-year high of $5.53.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VOXR. Wall Street Zen raised shares of Vox Royalty from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vox Royalty in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Vox Royalty has a consensus rating of “Hold”.

Vox Royalty Company Profile

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.