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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 flamingogoldon Sep 30, 2021 4:22pm
79 Views
Post# 33947397

RE:RE:Stabilized trading range and volume

RE:RE:Stabilized trading range and volume If we get one a special divy on top of already tight hands and a low float would be rocket fuel.

BlueJay2020 wrote: Interesting point - they have said that they will clear the deferred royalties by the middle of next year, but they never said it would be done equally!   Is there a rule that a Trust has to pay out its income like a REIT?  I seem to recall something about the Fund having to pay tax on undistributed royalties a while back, but I didn't really focus on it at the time.


Robsopinion wrote: And let's not forget, that historically any special distributions, to clean up the books for the year happen at the end of December. Never expect it, but never be surprised either. :)




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