SIR Royalty Income Fund (TSE:SRV.UN) Announces $0.10 Monthly Dividend

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Friday, November 22nd,TickerTech Dividends reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.095 per share on Friday, November 29th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.82%. The ex-dividend date is Friday, November 22nd.

SIR Royalty Income Fund Stock Performance

TSE:SRV.UN traded up C$0.15 during midday trading on Wednesday, reaching C$12.93. 3,000 shares of the stock traded hands, compared to its average volume of 3,834. The company has a fifty day moving average of C$12.68 and a 200 day moving average of C$12.77. SIR Royalty Income Fund has a 12 month low of C$11.40 and a 12 month high of C$17.00. The stock has a market capitalization of C$108.35 million, a P/E ratio of 5.67 and a beta of 2.51.

About SIR Royalty Income Fund

SIR Royalty Income Fund, through SIR Royalty Limited Partnership, owns SIR's restaurants in Canada. The company operates concept restaurants under the Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House; and signature restaurant brands under the Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose brands.