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

SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Monday, October 21st, TickerTech reports. Shareholders of record on Thursday, October 31st will be paid a dividend of 0.095 per share on Thursday, October 31st. This represents a $1.14 annualized dividend and a yield of 8.56%. The ex-dividend date is Monday, October 21st.

SIR Royalty Income Fund Price Performance

Shares of TSE SRV.UN opened at C$13.32 on Friday. The business has a 50-day moving average of C$12.58 and a 200-day moving average of C$12.97. The stock has a market capitalization of C$111.62 million, a price-to-earnings ratio of 5.84 and a beta of 2.51. SIR Royalty Income Fund has a fifty-two week low of C$11.40 and a fifty-two week high of C$17.00.

About SIR Royalty Income Fund

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.