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

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Monday, October 21st, TickerTech reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.095 per share on Thursday, October 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.56%. The ex-dividend date of this dividend is Monday, October 21st.

SIR Royalty Income Fund Stock Performance

Shares of TSE SRV.UN opened at C$13.32 on Friday. SIR Royalty Income Fund has a 52-week low of C$11.40 and a 52-week high of C$17.00. The firm has a market capitalization of C$111.62 million, a price-to-earnings ratio of 5.84 and a beta of 2.51. The stock has a 50 day moving average price of C$12.58 and a 200 day moving average price of C$12.97.

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.