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, July 17th, TickerTech Dividends reports. Shareholders of record on Friday, July 31st will be given a dividend of 0.105 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Friday, July 17th.

SIR Royalty Income Fund Price Performance

Shares of TSE:SRV.UN opened at C$16.10 on Wednesday. The stock has a market capitalization of C$134.85 million, a P/E ratio of 15.33 and a beta of 0.07. The business has a 50-day moving average of C$15.68 and a two-hundred day moving average of C$15.55. SIR Royalty Income Fund has a fifty-two week low of C$13.74 and a fifty-two week high of C$16.15.

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.