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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.


TSX:SRV.UN - Post by User

Sir Royalty Income Fund
Bullboard Posts
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(7)
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Comment by wordlesson Dec 20, 2019 11:23am
72 Views
Post# 30476797

RE:RE:RE:OUCH

RE:RE:RE:OUCH
Why wouldn't the dividend be safe? They cut the dividend 16% and same store sales declined 8%. Am I missing something?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities