SIR Royalty Income Fund (TSE:SRV.UN) Stock Crosses Above 50 Day Moving Average – Time to Sell?

SIR Royalty Income Fund (TSE:SRV.UN – Get Free Report) shares passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of C$14.22 and traded as high as C$14.45. SIR Royalty Income Fund shares last traded at C$14.27, with a volume of 11,718 shares trading hands.

SIR Royalty Income Fund Stock Up 0.8%

The company has a market cap of C$119.53 million, a P/E ratio of 14.71 and a beta of 0.24. The business has a 50-day moving average price of C$14.22 and a two-hundred day moving average price of C$15.40.

SIR Royalty Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Friday, October 30th were issued a dividend of $0.1050 per share. The ex-dividend date was Friday, October 16th. This represents a $1.26 dividend on an annualized basis and a yield of 8.8%. SIR Royalty Income Fund’s dividend payout ratio (DPR) is 126.80%.

SIR Royalty Income Fund Company Profile

(Get Free Report)

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.

Further Reading

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