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Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

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

Comment by Robsopinionon Sep 20, 2021 10:59am
68 Views
Post# 33886428

RE:Holding up well despite pre-election jitters

RE:Holding up well despite pre-election jitters

A liberal win may push income investors to take another look at options available. (The Liberals plan to tax large corporations more, specifically the banks and insurance companies which often form the backbone of income investors portfolios) with the 10% current yield SRV may now get onto the radar of these investors that may have never even considered the sector previously. 

im not here to talk politics, or express my personal opinions, but it may have a small impact on the stock in the next 72 hours. 

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