SIR Royalty Income Fund (TSE:SRV.UN) Shares Up 0.4% – Time to Buy?

SIR Royalty Income Fund (TSE:SRV.UN – Get Free Report)’s stock price was up 0.4% during trading on Wednesday. The company traded as high as C$14.15 and last traded at C$14.15. Approximately 4,100 shares were traded during trading, an increase of 25% from the average session volume of 3,274 shares. The stock had previously closed at C$14.10.

SIR Royalty Income Fund Stock Up 0.4%

The company’s 50 day moving average price is C$14.24 and its two-hundred day moving average price is C$15.40. The stock has a market cap of C$118.52 million, a P/E ratio of 14.59 and a beta of 0.24.

SIR Royalty Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Friday, October 30th were paid a $0.1050 dividend. The ex-dividend date of this dividend was Friday, October 16th. This represents a $1.26 annualized dividend and a yield of 8.9%. SIR Royalty Income Fund’s dividend payout ratio is 126.80%.

SIR Royalty Income Fund Company Profile

(Get Free Report)

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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