Bullboard - Stock Discussion Forum 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... see more

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TSX:SRV.UN - Post Discussion

Sir Royalty Income Fund > Special July distribution

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Post by flamingogold on Jul 13, 2022 3:59pm

Special July distribution

Current 9¢ + 13.5¢ special distribution = 22.5¢ total.

https://www.newswire.ca/news-releases/sir-royalty-income-fund-announces-july-2022-distribution-and-a-special-distribution-813680853.html

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Comment by Amgamg67 on Jul 13, 2022 9:54pm

That's a crazy amount to be paid out. But I'm still happy to receive it...lol

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Comment by wildrunner11 on Jul 16, 2022 1:57pm

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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Comment by flamingogold on Jul 16, 2022 7:59pm

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.

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Sir Royalty Income Fund