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

Key Points

• The SIR Royalty Income Fund has declared a monthly dividend of $0.10 per share, with an annualized yield of 8.1%, payable on August 29th to shareholders of record as of August 29th.
• As of the latest trading, SIR Royalty Income Fund's stock is valued at C$14.73, reflecting an increase of 0.8%, and has a market capitalization of C$123.44 million.
• Insider Lembit Janes sold 7,000 shares of the fund on June 18th, receiving approximately C$95,970 from the transaction.

SIR Royalty Income Fund (TSE:SRV.UN - Get Free Report) announced a monthly dividend on Friday, August 15th, TickerTech Dividends reports. Investors of record on Friday, August 29th will be given a dividend of 0.10 per share on Friday, August 29th. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, August 15th.

SIR Royalty Income Fund Trading Down 1.0%

Shares of SRV.UN traded down C$0.15 during mid-day trading on Monday, reaching C$14.65. The company had a trading volume of 6,100 shares, compared to its average volume of 4,985. SIR Royalty Income Fund has a fifty-two week low of C$11.11 and a fifty-two week high of C$14.88. The firm has a fifty day simple moving average of C$13.99 and a 200-day simple moving average of C$13.19. The stock has a market cap of C$122.77 million, a price-to-earnings ratio of 6.43 and a beta of 2.51.

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.