SIR Royalty Income Fund to Issue Monthly Dividend of $0.10 (TSE:SRV.UN)

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Friday, September 18th. Stockholders of record on Tuesday, September 29th will be paid a dividend of 0.105 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date is Friday, September 18th.

SIR Royalty Income Fund Trading Down 0.1%

SRV.UN stock opened at C$14.50 on Wednesday. SIR Royalty Income Fund has a 1-year low of C$13.74 and a 1-year high of C$16.87. The firm has a market cap of C$121.45 million, a PE ratio of 14.95 and a beta of 0.09. The business’s 50-day moving average price is C$15.93 and its two-hundred day moving average price is C$15.75.

SIR Royalty Income Fund Company Profile

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.