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

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Post by Lostchannelon Sep 22, 2017 4:49pm

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Post# 26732876

Minimum Wage

Just wondering if anyone following this stock. I have owned it for at least 5 to 6 yrs and enjoy a solid dividend of about 10% now. However I am looking for opinion around restrautant stocks and how they will adapt to the new Ontarion Mininmum $15 wage increase. My opinion is that it will have not enough effect to hurt the stock price. They will up the price a bit to make up for it along with all the other players. I like this one as they are the major player on the Toronto strip where all the hotels have guests that eat at Jack Asters etc. regardless of cost.

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