SIR Royalty Income Fund (TSE:SRV.UN - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$12.60 and traded as high as C$12.78. SIR Royalty Income Fund shares last traded at C$12.75, with a volume of 7,159 shares changing hands.
SIR Royalty Income Fund Stock Up 0.8 %
The firm has a market capitalization of C$106.85 million, a price-to-earnings ratio of 5.59 and a beta of 2.51. The business's fifty day moving average is C$12.60 and its 200 day moving average is C$12.74.
SIR Royalty Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 30th will be paid a dividend of $0.095 per share. The ex-dividend date is Thursday, April 17th. This represents a $1.14 annualized dividend and a dividend yield of 8.94%. SIR Royalty Income Fund's dividend payout ratio is currently 50.00%.
Insider Buying and Selling
In other news, insider Lembit Janes sold 2,600 shares of the stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of C$12.60, for a total value of C$32,760.00. Over the last 90 days, insiders sold 35,500 shares of company stock worth $448,118. 28.33% of the stock is owned by insiders.
SIR Royalty Income Fund Company Profile
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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.
See Also
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