SIR Royalty Income Fund (TSE:SRV.UN) Stock Passes Below 200 Day Moving Average of $15.95

SIR Royalty Income Fund (TSE:SRV.UN)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$15.95 and traded as low as C$14.32. SIR Royalty Income Fund shares last traded at C$14.55, with a volume of 5,995 shares trading hands.

SIR Royalty Income Fund Stock Performance

The firm has a market cap of C$121.93 million, a P/E ratio of 6.80 and a beta of 2.60. The company’s 50 day moving average is C$15.29 and its 200 day moving average is C$15.95.

SIR Royalty Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 28th were given a $0.095 dividend. This represents a $1.14 annualized dividend and a yield of 7.84%. The ex-dividend date of this dividend was Wednesday, March 20th. SIR Royalty Income Fund’s dividend payout ratio (DPR) is currently 53.27%.

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.