Shares of SIR Royalty Income Fund (TSE:SRV.UN – Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$16.87 and last traded at C$16.77, with a volume of 3876 shares changing hands. The stock had previously closed at C$16.65.
SIR Royalty Income Fund Stock Performance
The stock’s fifty day moving average price is C$15.98 and its two-hundred day moving average price is C$15.77. The company has a market cap of C$140.88 million, a P/E ratio of 17.34 and a beta of 0.09.
SIR Royalty Income Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 31st will be given a dividend of $0.105 per share. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Thursday, August 20th. SIR Royalty Income Fund’s payout ratio is currently 126.80%.
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.
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