SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Thursday, October 18th, TickerTech reports. Investors of record on Wednesday, October 31st will be given a dividend of 0.105 per share on Wednesday, October 31st. This represents a $1.26 dividend on an annualized basis and a dividend yield of 8.13%. The ex-dividend date is Thursday, October 18th.
SRV.UN stock opened at C$15.50 on Friday. SIR Royalty Income Fund has a 12 month low of C$13.76 and a 12 month high of C$15.68.
Separately, Laurentian set a C$14.75 price target on shares of SIR Royalty Income Fund in a research report on Thursday, September 13th.
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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