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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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

Post by Robsopinionon Sep 30, 2021 2:44pm
139 Views
Post# 33946953

Stabilized trading range and volume

Stabilized trading range and volume

It looks like, for the last few days, both the trading range and the volume have stabilized to more normal levels. I still think the increased volume we saw was someone taking a relatively larger position and willing to pay for it, but we have not seen a big drop back since then. Nice to see. 

Roughly 9% yield, still makes this look attractive to the starved income investor. And let's not forget, that historically any special distributions, to clean up the books for the year happen at the end of December. Never expect it, but never be surprised either. :)
BJ check email. 

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