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

SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Friday, March 21st, TickerTech Dividends reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.095 per share on Monday, March 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.80%. The ex-dividend date is Friday, March 21st.

SIR Royalty Income Fund Trading Up 0.2 %

Shares of SRV.UN opened at C$12.95 on Wednesday. The firm’s 50-day moving average price is C$12.75 and its 200-day moving average price is C$12.71. The firm has a market capitalization of C$108.52 million, a price-to-earnings ratio of 5.68 and a beta of 2.51. SIR Royalty Income Fund has a 1-year low of C$11.40 and a 1-year high of C$15.08.

About SIR Royalty Income Fund

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.