SIR Royalty Income Fund (TSE:SRV.UN) Declares Monthly Dividend of $0.10

Key Points

• SIR Royalty Income Fund announced a monthly dividend of $0.10 per share, with an annualized yield of 8.1%, payable to investors of record on September 29th.
• The fund's stock opened at C$14.75 and has remained stable, showing a slight increase of 0.2% recently, with a market cap of C$123.55 million.
• SIR Royalty Income Fund holds an investment in SIR Corp, which operates well-known restaurant brands in Canada including Jack Astor's Bar and Grill and Canyon Creek Chop House.

SIR Royalty Income Fund (TSE:SRV.UN - Get Free Report) announced a monthly dividend on Friday, September 19th, TickerTech Dividends reports. Shareholders of record on Monday, September 29th will be paid a dividend of 0.10 per share on Monday, September 29th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Friday, September 19th.

SIR Royalty Income Fund Price Performance

SIR Royalty Income Fund stock traded down C$0.06 during trading hours on Thursday, reaching C$14.80. The stock had a trading volume of 3,700 shares, compared to its average volume of 4,730. The stock has a market cap of C$123.96 million, a PE ratio of 11.94 and a beta of -0.15. SIR Royalty Income Fund has a 52 week low of C$11.11 and a 52 week high of C$14.98. The company has a fifty day simple moving average of C$14.60 and a 200-day simple moving average of C$13.54.

SIR Royalty Income Fund Company Profile

SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill and Canyon Creek Chop House, Scaddabush/Alice Fazooli's and signature restaurant brands.