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

SIR Royalty Income Fund (TSE:SRV.UN) announced a monthly dividend on Friday, October 16th. Investors of record on Friday, October 30th will be paid 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 Up 1.9%

Shares of TSE SRV.UN opened at C$13.70 on Wednesday. The stock’s 50 day moving average price is C$15.16 and its two-hundred day moving average price is C$15.52. SIR Royalty Income Fund has a 52-week low of C$13.43 and a 52-week high of C$16.87. The stock has a market capitalization of C$114.75 million, a P/E ratio of 14.12 and a beta of 0.21.

About SIR Royalty Income Fund

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.