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

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Friday, September 18th. Investors of record on Tuesday, September 29th will be given a dividend of 0.105 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date is Friday, September 18th.

SIR Royalty Income Fund Price Performance

Shares of SRV.UN opened at C$14.50 on Wednesday. SIR Royalty Income Fund has a 1-year low of C$13.74 and a 1-year high of C$16.87. The company has a 50-day moving average of C$15.93 and a 200 day moving average of C$15.75. The firm has a market capitalization of C$121.45 million, a price-to-earnings ratio of 14.95 and a beta of 0.09.

About SIR Royalty Income Fund

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.