SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Monday, March 19th, TickerTech reports. Shareholders of record on Thursday, March 29th will be paid a dividend of 0.095 per share on Thursday, March 29th. This represents a $1.14 annualized dividend and a yield of 7.73%. The ex-dividend date of this dividend is Monday, March 19th.
Shares of SIR Royalty Income Fund (TSE SRV.UN) traded up C$0.09 during trading hours on Wednesday, reaching C$14.74. 4,880 shares of the company’s stock traded hands, compared to its average volume of 8,551. SIR Royalty Income Fund has a 52-week low of C$13.76 and a 52-week high of C$15.68. The company has a market cap of $123.46, a PE ratio of 12.71 and a beta of 0.29.
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SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds’ investment, SIR is engaged in the business of owning and operating full service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill and Canyon Creek Chop House, and signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Far Niente/FOUR/Petit Four and the Loose Moose Tap & Grill, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership).
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