SIR Royalty Income Fund (SRV.UN) to Issue Monthly Dividend of $0.10 on October 30th

SIR Royalty Income Fund (TSE:SRV.UN – Get Free Report) announced a monthly dividend on Friday, October 16th. Shareholders of record on Friday, October 30th will be given a dividend of $0.1050 per share on Friday, October 30th. This represents a $1.26 annualized dividend and a yield of 9.2%. The ex-dividend date is Friday, October 16th.

SIR Royalty Income Fund Stock Performance

Shares of TSE SRV.UN opened at C$13.70 on Wednesday. The firm’s 50 day moving average price is C$15.16 and its 200 day moving average price is C$15.52. The firm has a market cap of C$114.75 million, a P/E ratio of 14.12 and a beta of 0.21. SIR Royalty Income Fund has a 1 year low of C$13.43 and a 1 year high of C$16.87.

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SIR Royalty Income Fund Company Profile

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The Fund is a trust governed by the laws of the province of Ontario that receives distribution income from its investment in the SIR Royalty Limited Partnership and interest income from the SIR Loan. The Fund intends to pay distributions to unitholders on a monthly basis.

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