SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Wednesday, April 18th, TickerTech reports. Stockholders of record on Monday, April 30th will be paid a dividend of 0.10 per share on Monday, April 30th. This represents a $1.20 annualized dividend and a dividend yield of 8.11%. The ex-dividend date of this dividend is Wednesday, April 18th. This is a positive change from SIR Royalty Income Fund’s previous monthly dividend of $0.10.
Shares of SRV.UN opened at C$14.80 on Friday. SIR Royalty Income Fund has a one year low of C$13.76 and a one year high of C$15.68.
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SIR Royalty Income Fund Company Profile
SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds’ investment, SIR is engaged in the business of owning and operating full service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill and Canyon Creek Chop House, and signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Far Niente/FOUR/Petit Four and the Loose Moose Tap & Grill, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership).
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