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 > Sofa

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Comment by rabnudon Mar 21, 2024 4:00pm

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Post# 35945741

RE:RE:RE:RE:RE:RE:RE:Sofa

way too many good Unit trusts out there that payas much and many pay more and they are 100% easier to buy and sell etc this one is just plain bad news

flamingogold wrote: If you look back to the past decade and remove the covid years, $12 would be an excellent entry. Currently we are sitting at a 21 month low in part to some insider selling but also the last earnings did show an elevated payout ratio. Hopefully they can bring that back inline. The current distribution is 8.5% which is tempting as safe GIC/money market rates start to drop in the back half of the year.

stockDabbler wrote: If you believe the price drop is due to estate selling, isn't a good time to buy?