SIR Royalty Income Fund (TSE:SRV.UN) Reaches New 1-Year High – Here’s What Happened

SIR Royalty Income Fund (TSE:SRV.UNGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as C$16.48 and last traded at C$16.48, with a volume of 4101 shares. The stock had previously closed at C$16.42.

SIR Royalty Income Fund Stock Performance

The firm has a market cap of C$138.04 million, a price-to-earnings ratio of 15.70 and a beta of 0.09. The business has a fifty day moving average of C$15.89 and a two-hundred day moving average of C$15.72.

SIR Royalty Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 31st were issued a $0.105 dividend. The ex-dividend date of this dividend was Friday, July 17th. This represents a c) annualized dividend and a yield of 7.6%. SIR Royalty Income Fund’s dividend payout ratio 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.

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