SIR Royalty Income Fund (TSE:SRV.UN) Stock Price Up 1.2% - What's Next?

SIR Royalty Income Fund (TSE:SRV.UN - Get Free Report) rose 1.2% during mid-day trading on Wednesday . The stock traded as high as C$12.65 and last traded at C$12.65. Approximately 1,200 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 3,777 shares. The stock had previously closed at C$12.50.

SIR Royalty Income Fund Stock Up 0.7 %

The firm has a 50 day moving average price of C$12.80 and a 200 day moving average price of C$12.69. The stock has a market cap of C$106.76 million, a PE ratio of 5.59 and a beta of 2.51.

SIR Royalty Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 29th were paid a dividend of $0.095 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.95%. The ex-dividend date was Friday, November 22nd. SIR Royalty Income Fund's dividend payout ratio (DPR) is currently 50.00%.

SIR Royalty Income Fund Company Profile

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.