Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

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 > Special July distribution

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Comment by flamingogoldon Jul 16, 2022 7:59pm

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Post# 34829453

RE:RE:RE:Special July distribution

Boots on the ground, from what I can see, business is brisk. I did Scaddabush tonight, it was buuussy, likely the busiest since pre-pandemic. The re-opening trade continues. High fuel prices and airport travel chaos are keeping many at home and spending it dining out.

wildrunner11 wrote:
I am too, I'd rather they keep the current distribution and pay special distribution as needed until they are 100% sure that any increase can be maintained.

I do not want to see what happened a few years ago where they had to do a regular distribution cut, it killed the stock price.

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