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

SIR Royalty Income Fund (TSE:SRV.UN - Get Free Report) announced a monthly dividend on Friday, May 16th, TickerTech Dividends reports. Investors of record on Friday, May 30th will be given a dividend of 0.095 per share on Friday, May 30th. This represents a $1.14 dividend on an annualized basis and a yield of 8.76%. The ex-dividend date of this dividend is Friday, May 16th.

SIR Royalty Income Fund Trading Up 0.1%

SRV.UN opened at C$13.01 on Wednesday. The company has a market cap of C$109.02 million, a P/E ratio of 5.71 and a beta of 2.51. SIR Royalty Income Fund has a 12 month low of C$11.11 and a 12 month high of C$13.89. The business's 50-day moving average price is C$12.67 and its 200-day moving average price is C$12.73.

Insider Activity at SIR Royalty Income Fund

In other SIR Royalty Income Fund news, insider Lembit Janes sold 16,900 shares of the firm's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of C$12.62, for a total value of C$213,278.00. Insiders have sold a total of 57,200 shares of company stock valued at $728,163 over the last 90 days. 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.

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