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

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Friday, September 20th, TickerTech reports. Stockholders of record on Friday, September 27th will be given a dividend of 0.095 per share on Friday, September 27th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 9.48%. The ex-dividend date of this dividend is Friday, September 20th.

SIR Royalty Income Fund Trading Down 0.7 %

SIR Royalty Income Fund stock opened at C$12.02 on Wednesday. The business’s 50 day simple moving average is C$12.56 and its 200 day simple moving average is C$13.24. SIR Royalty Income Fund has a 12 month low of C$11.40 and a 12 month high of C$17.00. The company has a market cap of C$100.73 million, a price-to-earnings ratio of 5.27 and a beta of 2.52.

Insider Buying and Selling

In related news, insider Lembit Janes purchased 2,700 shares of SIR Royalty Income Fund stock in a transaction dated Wednesday, June 26th. The stock was bought at an average cost of C$11.50 per share, for a total transaction of C$31,050.00. 28.33% of the stock is owned by insiders.

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.