SIR Royalty Income Fund (SRV.UN) To Go Ex-Dividend on March 20th

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Friday, March 20th, TickerTech Dividends reports. Investors of record on Tuesday, March 31st will be given a dividend of 0.105 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Friday, March 20th.

SIR Royalty Income Fund Trading Up 0.3%

TSE:SRV.UN opened at C$15.80 on Wednesday. SIR Royalty Income Fund has a 12 month low of C$11.11 and a 12 month high of C$16.15. The stock has a market capitalization of C$132.34 million, a price-to-earnings ratio of 16.81 and a beta of -0.06. The firm has a fifty day simple moving average of C$15.58 and a two-hundred day simple moving average of C$14.87.

SIR Royalty Income Fund Company Profile

SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor’s Bar and Grill and Canyon Creek Chop House, Scaddabush/Alice Fazooli’s and signature restaurant brands. The fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnership.