Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > SRV

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Comment by flamingogoldon May 10, 2021 2:04pm

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Post# 33166129

RE:SRV

I would not expect a dividend re-instatement until we can get back to indoor dining at full unrestricted capaciy levels. Based on the recovery in the US, which leads Canada by a few months, we can expect to see that maybe by the late Fall. Outdoor dining will prevail through the summer with restricted capcity indoors. For 2021, there is a better chance for capital gain appreciation than distributions.

spocky97 wrote: Disappointed, was happy with this one until today. Was thinking that with opening up on the horizon they might reinstitute the dividend.

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