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

Vox Royalty Corp. (NASDAQ:VOXR) announced a quarterly dividend on Wednesday, August 12th. Shareholders of record on Wednesday, September 30th will be given a dividend of 0.015 per share on Wednesday, October 14th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, September 30th.

Vox Royalty has a payout ratio of 85.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect Vox Royalty to earn $0.16 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 37.5%.

Vox Royalty Price Performance

Shares of VOXR opened at $5.16 on Thursday. Vox Royalty has a 1-year low of $3.13 and a 1-year high of $6.70. The company has a market capitalization of $358.37 million, a P/E ratio of 12.29 and a beta of 0.53. The firm’s 50 day simple moving average is $4.75 and its 200 day simple moving average is $5.29.

Vox Royalty (NASDAQ:VOXR) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.08. Vox Royalty had a net margin of 190.73% and a return on equity of 8.16%. On average, equities analysts anticipate that Vox Royalty will post 0.2 earnings per share for the current year.

About Vox Royalty

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.