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 > pause on Divdend?

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Comment by flamingogoldon Jan 04, 2022 10:46am

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Post# 34281527

RE:pause on Divdend?

I expect so... and will add some trading shares on a dip. Every Monday I hook up with a few close friends for wings at a small local pub. We've been doing it for years. Last night was dead, maybe only 15% capacity. But... this is standard for this time of year. If Ford had a brain he would allow restos to stay open at a reduced capacity again, say 25% so small businesses could push through this last wave.

January is a soft month anyway for restos and many small independent businesses don't ever get over 25% capacity during the first 2 months. it keeps their staff employed, and brings in at least some revenue. If the resto believes 25% is too low of a capacity to remain open, then give them the opportunity to make that decision to close instead of a harsh government mandated blanket one.