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 > Resilient close

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Comment by BlueJay2020on Sep 17, 2021 4:59pm

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Post# 33880960

RE:Resilient close

Yes, down by almost exactly the monthly divi amount plus the broad market drop!

I would hope and expect that the quid pro quo of a vaccine passport would be allowing 100% capacity inside restaurants. There has to be some 'reward' for getting doble vaxxed as well as penalties for not being.

quote=flamingogold]And today was ex-dividend on an overall weak market day. No sellers here. This one is tightly held.

Plus, shutdowns are a thing of the past. SRV's biggest market, Toronto/Ontario, is fast approaching a milestone 90% double vaccination rate. Together with the new vax entry rules set to begin this coming week, there is no doubt we will soon see indoor dining capacities increased just in time for the colder Fall season.[/quote]

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