SIR Royalty Income Fund (SRV.UN) to Issue Monthly Dividend of $0.10 on October 31st

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

SIR Royalty Income Fund Price Performance

SIR Royalty Income Fund stock opened at C$13.32 on Friday. The firm has a market capitalization of C$111.62 million, a P/E ratio of 5.84 and a beta of 2.51. SIR Royalty Income Fund has a 1-year low of C$11.40 and a 1-year high of C$17.00. The company’s 50-day moving average is C$12.58 and its 200 day moving average is C$12.97.

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.