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

SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Friday, February 14th,TickerTech Dividends reports. Investors of record on Friday, February 28th will be given a dividend of 0.095 per share on Friday, February 28th. This represents a $1.14 dividend on an annualized basis and a yield of 8.95%. The ex-dividend date is Friday, February 14th.

SIR Royalty Income Fund Stock Performance

Shares of SRV.UN traded up C$0.08 during mid-day trading on Wednesday, hitting C$12.74. 1,909 shares of the company were exchanged, compared to its average volume of 4,463. SIR Royalty Income Fund has a 1-year low of C$11.40 and a 1-year high of C$16.24. The stock has a market cap of C$106.76 million, a price-to-earnings ratio of 5.59 and a beta of 2.51. The company has a 50 day moving average of C$12.81 and a 200-day moving average of C$12.71.

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.