Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Financial Services Asset Management

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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Comment by Lazaroson Apr 11, 2018 6:22pm

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Post# 27869831

RE:RE:Sir raises distribution - dividend yield now 8.2 percent

My thoughts exactly. They announced this increase right after the Leafs and Raptors both made the playoffs. They have a super strong presence near the Air Canada Centre. If both teams do well, it will be standing room only at Jack's and the Loose Moose.

The only downside I can see is that we might end up having such a strong quarter (Q2) that we are setting a very high comparable for next year. Luckily the new stores they will add to the pool may more than offset this. Unless of course both teams make it to the playoffs again next year.

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