SIR Royalty Income Fund (TSE:SRV.UN) Stock Passes Below 200-Day Moving Average – Time to Sell?

SIR Royalty Income Fund (TSE:SRV.UNGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$15.80 and traded as low as C$15.79. SIR Royalty Income Fund shares last traded at C$15.79, with a volume of 581 shares changing hands.

SIR Royalty Income Fund Stock Performance

The firm’s 50-day moving average price is C$16.08 and its two-hundred day moving average price is C$15.80. The stock has a market cap of C$134.02 million, a PE ratio of 16.49 and a beta of 0.09.

SIR Royalty Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 31st will be issued a $0.105 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date is Thursday, August 20th. SIR Royalty Income Fund’s dividend payout ratio (DPR) is currently 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.

Further Reading

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