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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > holding strong

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Comment by flamingogoldon Sep 09, 2023 12:44pm

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RE:RE:holding strong

My position here was solidified in low single digits during covid and the power struggle between Fowler and Janes... now resolved. Holding my shares long and strong. I've been eyeing The Keg as well but would like another dollar shaved off the shares first for an 8.5% yield to start.

nedstar71 wrote: Interesting about the dividend reinvestment info, not that that commentary will be absorbed by rabdud.
No real buyers or sellers here so it appears to be temporarily immune from the sector weakness. The Keg on the other hand has been getting sold off for the past week. I wouldn't hold much in either play personally, but would favour the Keg if push came to shove, and the dividends are essentially equal.

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