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

SIR Royalty Income Fund (TSE:SRV.UN - Get Free Report) declared a monthly dividend on Thursday, April 17th, TickerTech Dividends reports. Shareholders of record on Wednesday, April 30th will be paid a dividend of 0.095 per share on Wednesday, April 30th. This represents a $1.14 dividend on an annualized basis and a yield of 9.02%. The ex-dividend date of this dividend is Thursday, April 17th.

SIR Royalty Income Fund Stock Up 0.3 %

Shares of SIR Royalty Income Fund stock traded up C$0.04 on Friday, reaching C$12.64. 1,927 shares of the stock were exchanged, compared to its average volume of 4,643. SIR Royalty Income Fund has a twelve month low of C$11.11 and a twelve month high of C$14.42. The business has a 50 day moving average price of C$12.60 and a two-hundred day moving average price of C$12.74. The firm has a market capitalization of C$105.92 million, a price-to-earnings ratio of 5.54 and a beta of 2.51.

Insider Activity at SIR Royalty Income Fund

In other SIR Royalty Income Fund news, insider Lembit Janes sold 2,600 shares of the firm's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of C$12.60, for a total value of C$32,760.00. In the last three months, insiders have sold 35,500 shares of company stock valued at $448,118. 28.33% of the stock is owned by corporate insiders.

SIR Royalty Income Fund Company Profile

SIR Royalty Income Fund, through SIR Royalty Limited Partnership, owns SIR's restaurants in Canada. The company operates concept restaurants under the Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House; and signature restaurant brands under the Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose brands.