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 Friday, February 14th,TickerTech Dividends reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.095 per share on Friday, February 28th. This represents a $1.14 annualized dividend and a dividend yield of 9.15%. The ex-dividend date is Friday, February 14th.

SIR Royalty Income Fund Price Performance

SRV.UN stock traded down C$0.18 during midday trading on Friday, hitting C$12.46. The stock had a trading volume of 7,500 shares, compared to its average volume of 4,780. The business has a 50-day moving average of C$12.81 and a two-hundred day moving average of C$12.71. The firm has a market cap of C$104.41 million, a price-to-earnings ratio of 5.46 and a beta of 2.51. SIR Royalty Income Fund has a 52-week low of C$11.40 and a 52-week high of C$15.98.

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.