Globe and mail piece recommending SIRThe link below highlights SIR’s business and financial details.
As a side note, the relative strength of SIR 2018 YTD has been very impressive, against other both interest sensitives and the TSX 60.
The operating Corp (Sir Corp) also released results for Q2 (ending feb 11) indicating revenue growth of 6.1 percent in the quarter and 6.9 percent for FY18 YTD. Recognize that SIR Royalty is paid 6 percent of revenues so the revenue growth at the Corp (from both new stores and same store growth) is good for potential distribution growth (since the fund pays out all its cash).
In summary, good revenue growth , sustainable distribution , solid 8 percent yield, and with some interesting traits (zero franchising, no real presence outside of Ontario, and a potential acquisition).
Sir may not be a very sexy story, but it has delivered annualized returns in excess of 15 percent for over a decade...
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-tuesdays-tsx-breakouts-a-security-unshaken-by-market-volatility-with/