Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

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.

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Sir Royalty Income Fund > Where is the flamingo loudmouth?

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Comment by bcscon Sep 22, 2020 10:11pm

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Post# 31602022

RE:RE:RE:RE:Where is the flamingo loudmouth?

Wouldn't Boston Pizza be the closest comparable?

borne2run wrote: So you think SIR Royalty is a good name?
Maybe a good place to eat, but a horrible investment.

There's the Keg and SIR Royalty as restaurant royalty stocks; I am unaware of any others (Pizza Pizza is a delivery / takeout specialty, A&W is fast food).
The Keg is still paying a monthy dividend, SIR Royalty may never pay a regular dividend.
Parent company appears headed for bankruptcy.

Why bother with this stock when utilities are paying approx 8% tax efficient dividends?
The TSX 60 (HXT / XIU) is up 40% from its March low, SRV.un is down 15% since then.