SIR Royalty Income Fund (SRV.UN) to Issue Monthly Dividend of $0.11 on June 30th

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Friday, June 19th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.105 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Friday, June 19th.

SIR Royalty Income Fund Stock Performance

SRV.UN opened at C$15.51 on Wednesday. SIR Royalty Income Fund has a 52-week low of C$12.85 and a 52-week high of C$16.15. The stock has a market capitalization of C$129.91 million, a PE ratio of 14.77 and a beta of 0.07. The stock’s 50 day moving average price is C$15.65 and its 200-day moving average price is C$15.33.

About SIR Royalty Income Fund

SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor’s Bar and Grill and Canyon Creek Chop House, Scaddabush/Alice Fazooli’s and signature restaurant brands. The fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnership.