SIR Royalty Income Fund (TSE:SRV.UN – Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as C$16.87 and last traded at C$16.77, with a volume of 3876 shares traded. The stock had previously closed at C$16.65.
SIR Royalty Income Fund Price Performance
The firm has a market cap of C$140.21 million, a P/E ratio of 17.26 and a beta of 0.09. The company’s 50-day simple moving average is C$16.03 and its 200 day simple moving average is C$15.78.
SIR Royalty Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 31st will be issued a $0.105 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. SIR Royalty Income Fund’s dividend payout ratio (DPR) is presently 126.80%.
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.
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