SIR Royalty Income Fund (TSE:SRV.UN) Stock Price Passes Below Two Hundred Day Moving Average of $15.13

SIR Royalty Income Fund (TSE:SRV.UNGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$15.13 and traded as low as C$13.18. SIR Royalty Income Fund shares last traded at C$13.18, with a volume of 212 shares traded.

SIR Royalty Income Fund Stock Performance

The company has a market cap of C$110.45 million, a price-to-earnings ratio of 5.56 and a beta of 2.57. The stock’s fifty day moving average is C$13.80 and its two-hundred day moving average is C$15.13.

SIR Royalty Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 31st will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $1.14 annualized dividend and a dividend yield of 8.65%. SIR Royalty Income Fund’s payout ratio is currently 48.10%.

About SIR Royalty Income Fund

(Get Free Report)

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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