Shares of SIR Royalty Income Fund (TSE:SRV.UN - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$12.66 and traded as high as C$12.71. SIR Royalty Income Fund shares last traded at C$12.70, with a volume of 1,455 shares changing hands.
SIR Royalty Income Fund Stock Performance
The stock has a market capitalization of C$106.43 million, a price-to-earnings ratio of 5.57 and a beta of 2.51. The company has a 50 day moving average of C$12.66 and a 200 day moving average of C$12.78.
SIR Royalty Income Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 29th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $1.14 annualized dividend and a dividend yield of 8.98%. SIR Royalty Income Fund's dividend payout ratio (DPR) is currently 50.00%.
About SIR Royalty Income Fund
(
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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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