Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

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 > Well

<< Previous

Bullboard Posts

Next >>

Comment by stockDabbleron Apr 10, 2024 2:06pm

66 Views

Post# 35981685

RE:RE:RE:RE:Well

I just hold a bunch to diverisfy.

Asked the CEO, during the 2008 downturn how were you able to keep the dividend and not cut.
He said families in a downturn delay renovations, vacation, delay upgrading their car, but the last thing they cut is going out to eat. Like the answer.
like the product they put out but a lot competition now.

<< Previous

Bullboard Posts

Next >>

One of the strongest contenders to lead Canada’s cannabis market