Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

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 > Will a resumption of dividend sink the SP?

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Comment by BlueJay2020on Jul 03, 2021 12:08am

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Post# 33489049

RE:RE:RE:RE:RE:Will a resumption of dividend sink the SP?

It''s odd. The whole post-pandemic reboot seems to have stalled a bit for some stocks like SRV, Chrous and others. Maybe they got a bit ahead of themselves. Probably just a pause, a period of consolidation, before the next leg up.

It still amazes me, though, that people are willing to sell at this stage of the game now that the vaccine roll-out is so advanced.