SIR Royalty Income Fund (SRV.UN) To Go Ex-Dividend on May 15th

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Friday, May 15th, TickerTech Dividends reports. Shareholders of record on Friday, May 29th will be given a dividend of 0.105 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Friday, May 15th.

SIR Royalty Income Fund Trading Down 0.1%

TSE SRV.UN traded down C$0.01 during trading hours on Wednesday, reaching C$15.69. The company had a trading volume of 1,282 shares, compared to its average volume of 3,185. The stock has a 50-day moving average of C$15.64 and a 200 day moving average of C$15.11. SIR Royalty Income Fund has a 1-year low of C$12.85 and a 1-year high of C$16.15. The stock has a market capitalization of C$131.42 million, a P/E ratio of 14.94 and a beta of 0.03.

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.