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

SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Thursday, April 17th, TickerTech Dividends reports. Investors of record on Wednesday, April 30th will be paid a dividend of 0.095 per share on Wednesday, April 30th. This represents a $1.14 annualized dividend and a yield of 9.05%. The ex-dividend date is Thursday, April 17th.

SIR Royalty Income Fund Stock Performance

Shares of SIR Royalty Income Fund stock opened at C$12.60 on Tuesday. The stock’s fifty day moving average is C$12.61 and its 200 day moving average is C$12.74. The stock has a market cap of C$105.59 million, a P/E ratio of 5.53 and a beta of 2.51. SIR Royalty Income Fund has a one year low of C$11.11 and a one year high of C$14.65.

Insiders Place Their Bets

In other SIR Royalty Income Fund news, insider Lembit Janes sold 2,600 shares of the firm’s stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of C$12.60, for a total transaction of C$32,760.00. 28.33% of the stock is owned by company insiders.

SIR Royalty Income Fund Company Profile

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.