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

SIR Royalty Income Fund (TSE:SRV.UN) declared a monthly dividend on Thursday, August 20th, TickerTech Dividends reports. Stockholders of record on Monday, August 31st will be paid a dividend of 0.105 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Thursday, August 20th.

SIR Royalty Income Fund Trading Up 0.4%

TSE SRV.UN opened at C$16.75 on Tuesday. The company has a market cap of C$140.30 million, a price-to-earnings ratio of 17.27 and a beta of 0.09. The company has a 50 day moving average of C$15.96 and a 200-day moving average of C$15.76. SIR Royalty Income Fund has a 1-year low of C$13.74 and a 1-year high of C$16.75.

SIR Royalty Income Fund Company Profile

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.