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Bullboard - Stock Discussion Forum Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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... see more

TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Guess we're getting that special distribution
View:
Post by Lazaros on Dec 09, 2021 5:32pm

Guess we're getting that special distribution

$0.09 regular + $0.10 special distribution sounds great to me.

https://www.newswire.ca/news-releases/sir-royalty-income-fund-announces-december-2021-distribution-and-special-year-end-distribution-848183176.html
Comment by flamingogold on Dec 09, 2021 5:46pm
I'll toast to that. Imagine where we were just a year ago. What a turnaround. Share price should rip higher on the news for the last ones to the party.
Comment by wildrunner11 on Dec 10, 2021 7:50am
No argument from me it has been more than an interesting year for this stock. Thankfully made some good decisions, made my money back on this stock and some this year.  we'll see how the market reacts to this extra dividend payment.
Comment by Robsopinion on Dec 10, 2021 9:50am
I am not surprised, I was figuring the odds of the special div at about 70:30 for.  Still put a smile on my face this morning.   When I first started buying this, it was a nice boring investment that paid steady returns. For the last year and a half it has been anything but.  I don't think I will tell my wife just yet, she's likely to buy more Christmas gifts when the ...more  
Comment by flamingogold on Dec 10, 2021 10:22am
I like your reference to "boring" as I have often stated that is an attribute I look for when it comes to income stream investments. With covid waning and widespread shutdowns a thing of the past, this will once again own top spot in my portfolio as dull and boring... but certainly not dead as steady divs continue for years to come.
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