SIR Royalty Income Fund (TSE:SRV.UN) Plans $0.09 Monthly Dividend

SIR Royalty Income Fund (TSE:SRV.UN – Get Rating) declared a monthly dividend on Thursday, April 21st, TickerTech reports. Shareholders of record on Friday, April 29th will be paid a dividend of 0.09 per share on Friday, April 29th. This represents a $1.08 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date of this dividend is Thursday, April 21st.

Shares of TSE SRV.UN opened at C$13.30 on Tuesday. The firm’s 50-day moving average price is C$12.80 and its two-hundred day moving average price is C$12.39. SIR Royalty Income Fund has a 52-week low of C$5.26 and a 52-week high of C$13.88. The stock has a market capitalization of C$111.40 million and a P/E ratio of 22.85.

In other SIR Royalty Income Fund news, Director Atul Sharma sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, January 24th. The shares were sold at an average price of C$12.58, for a total value of C$37,730.10.

SIR Royalty Income Fund Company Profile (Get Rating)

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.

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