SIR Royalty Income Fund (TSE:SRV.UN) Reaches New 52-Week High – Here’s Why

Shares of SIR Royalty Income Fund (TSE:SRV.UNGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$16.45 and last traded at C$16.45, with a volume of 860 shares. The stock had previously closed at C$16.28.

SIR Royalty Income Fund Price Performance

The firm has a market cap of C$137.53 million, a PE ratio of 15.64 and a beta of 0.09. The firm has a 50-day simple moving average of C$15.79 and a 200 day simple moving average of C$15.68.

SIR Royalty Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 31st were given a dividend of $0.105 per share. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend was Friday, July 17th. SIR Royalty Income Fund’s dividend payout ratio (DPR) is 114.29%.

SIR Royalty Income Fund Company Profile

(Get Free Report)

The Fund is a trust governed by the laws of the province of Ontario that receives distribution income from its investment in the SIR Royalty Limited Partnership and interest income from the SIR Loan. The Fund intends to pay distributions to unitholders on a monthly basis.

Further Reading

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