SIR Royalty Income Fund (TSE:SRV.UN) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

SIR Royalty Income Fund (TSE:SRV.UNGet Free Report)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$15.67 and traded as high as C$16.01. SIR Royalty Income Fund shares last traded at C$16.01, with a volume of 2,039 shares trading hands.

SIR Royalty Income Fund Stock Up 1.3%

The stock’s 50 day moving average is C$15.67 and its two-hundred day moving average is C$15.52. The company has a market capitalization of C$134.10 million, a PE ratio of 15.25 and a beta of 0.07.

SIR Royalty Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 31st will be paid a $0.105 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a c) dividend on an annualized basis and a yield of 7.9%. SIR Royalty Income Fund’s payout ratio is 114.29%.

About SIR Royalty Income Fund

(Get Free Report)

The Fund is a trust governed by the laws of the province of Ontario that receives distribution income from its investment in the SIR Royalty Limited Partnership and interest income from the SIR Loan. The Fund intends to pay distributions to unitholders on a monthly basis.

Further Reading

Receive News & Ratings for SIR Royalty Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SIR Royalty Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.