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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Source of distribution

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Comment by flamingogoldon Jul 16, 2021 8:26pm

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Post# 33564437

RE:RE:RE:Source of distribution

My next (hopeful) comeback play is MRT.UN, the underdog of the reits like SRV is of the restaurants. MRT trading for dirt still. Second to that I think CHR makes a comeback in 2022. Third is HOT.UN. The latter two have yet to restart divs at all (and we all know what happens when divs kick in) while MRT has sliced in half twice. Did I say I like underdogs?

Robsopinion wrote: For the royalty investors out there, check out diversified royalty DIV-T. It has Mr Mike's for restaurant exposure, MR. lube, a real estate company etc. I have a small position I picked up during the pandemic. It pays 7+% now, great payout, great history of payout, shady management team. But the company fundamentals are good and the payout is also.

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