SIR Royalty Income Fund (TSE:SRV.UN) Stock Price Passes Below 200 Day Moving Average of $13.11

SIR Royalty Income Fund (TSE:SRV.UN)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$13.11 and traded as low as C$12.37. SIR Royalty Income Fund shares last traded at C$12.42, with a volume of 1,636 shares.

SIR Royalty Income Fund Price Performance

The stock has a 50 day moving average price of C$12.52 and a two-hundred day moving average price of C$13.11. The company has a market capitalization of C$104.08 million, a price-to-earnings ratio of 5.45 and a beta of 2.52.

SIR Royalty Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 27th will be issued a dividend of $0.095 per share. This represents a $1.14 annualized dividend and a yield of 9.18%. The ex-dividend date of this dividend is Friday, September 20th. SIR Royalty Income Fund’s dividend payout ratio is 50.00%.

SIR Royalty Income Fund Company Profile

SIR Royalty Income Fund, through SIR Royalty Limited Partnership, owns SIR's restaurants in Canada. The company operates concept restaurants under the Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House; and signature restaurant brands under the Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose brands.