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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Sofa

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Comment by flamingogoldon Mar 18, 2024 12:24pm

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Post# 35938505

RE:RE:RE:Sofa

SRV has been one of my best gainers and dividend winners. Earning over 20% on the distributions with a healthy 2-3x cap gain, It fluctuates but as discussed often here, this is tightly held and most are in for the monthly distributions.

From your list, I also own DIV, SIA and BK. I am bullish on the banks. They have taken a beating since rates increased. While I don't expect rates to go anywhere near historical lows again, any cuts will be tailwinds for the sector revival.

Never fight the FED. And in Canada, never bet against the banks.

maplak wrote:
I am not selling anything. I own about 19-20 dividend stocks and SRV.UN is one of them. Some I bought during the pandemic like SRV.UN some later and some recently. Since I have retired a year ago I need additional income to my pension. I still have 2200 shares collecting $ 209 monthly. As of now still up 44% , down about $7000 since all time highs in mean in past 3 years collected about $ 7500 in dividends. On any pullback thinking to buy some Canadian bank or Telus.

I own: AD.UN , DIV , DBM , EIF , FCD.UN KEY ,
PLZ.UN , C , MKP , PPL , SPG , ARE, BIP.UN , CPX
SRV.UN , SRU.UN , SIA , BK , MAIN,