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

SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Friday, February 14th,TickerTech Dividends reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.095 per share on Friday, February 28th. This represents a $1.14 dividend on an annualized basis and a yield of 8.95%. The ex-dividend date of this dividend is Friday, February 14th.

SIR Royalty Income Fund Price Performance

Shares of SIR Royalty Income Fund stock traded up C$0.08 during trading on Wednesday, reaching C$12.74. 1,909 shares of the stock traded hands, compared to its average volume of 4,463. The business has a fifty day simple moving average of C$12.81 and a two-hundred day simple moving average of C$12.71. SIR Royalty Income Fund has a 52-week low of C$11.40 and a 52-week high of C$16.24. The company has a market capitalization of C$106.76 million, a price-to-earnings ratio of 5.59 and a beta of 2.51.

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.