SIR Royalty Income Fund (TSE:SRV.UN) Shares Will Pay Monthly Dividend of $0.10

SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Friday, October 16th. Stockholders of record on Friday, October 30th will be given a dividend of $0.1050 per share on Friday, October 30th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Friday, October 16th.

SIR Royalty Income Fund Trading Up 1.9%

Shares of TSE:SRV.UN opened at C$13.70 on Wednesday. The company has a fifty day simple moving average of C$15.16 and a 200 day simple moving average of C$15.52. The firm has a market cap of C$114.75 million, a PE ratio of 14.12 and a beta of 0.21. SIR Royalty Income Fund has a 12-month low of C$13.43 and a 12-month high of C$16.87.

About SIR Royalty Income Fund

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.