Bullboard - Stock Discussion Forum 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... see more

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TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > SRV

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Post by spocky97 on May 10, 2021 1:52pm

SRV

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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Comment by flamingogold on May 10, 2021 2:04pm

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 ...more

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Sir Royalty Income Fund