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

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Wednesday, April 17th, TickerTech reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.095 per share on Tuesday, April 30th. This represents a $1.14 dividend on an annualized basis and a yield of 7.97%. The ex-dividend date of this dividend is Wednesday, April 17th.

SIR Royalty Income Fund Trading Down 2.6 %

Shares of SIR Royalty Income Fund stock opened at C$14.30 on Tuesday. The company’s fifty day simple moving average is C$14.94 and its two-hundred day simple moving average is C$15.78. The company has a market cap of C$119.83 million, a P/E ratio of 6.68 and a beta of 2.57. SIR Royalty Income Fund has a 12-month low of C$13.33 and a 12-month high of C$17.50.

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.