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DIVIDEND ANNOUNCEMENT: Unit/SIR Royalty Income Fund (OTCBB:SIRZF) on 11/07/2019 declared a dividend of $0.0875 per share

November 07, 2019

Unit/SIR Royalty Income Fund (OTCBB:SIRZF) on 11/07/2019 declared a dividend of $ 0.0875 per share payable on November 29, 2019 to shareholders of record as of November 18, 2019. Dividend amount recorded is a decrease of $ 0.0175 from last dividend Paid.

Unit/SIR Royalty Income Fund (OTCBB:SIRZF) has paid dividends since 2004, has a current dividend yield of 0.0000000000% and has increased its dividends for 2 successive years.

Unit/SIR Royalty Income Fund's market cap is $ 41,776,190 and has a PE ratio of 6.90. The stock price closed yesterday at $ 7.80 and has a 52 week low/high of $ 7.79 and $ 12.55.

SIR Royalty is established to acquire directly, certain bank debt of SIR Corp. (SIR) and indirectly, through SIR Holdings Trust, all of the Ordinary LP Units of SIR Royalty Limited Partnership ("the Partnership"). The Partnership owns the Canadian trademarks (the "SIR Rights") formerly owned or licensed by SIR or its subsidiaries and used in connection with the operation of the majority of SIR's restaurants in Canada. The Partnership has granted SIR a 99-year license to use the SIR Rights in most of Canada in consideration for a Royalty, payable by SIR to the Partnership, equal to 6% of the revenue of the restaurants included in the Royalty pool.

For more information on Unit/SIR Royalty Income Fund click here.

Unit/SIR Royalty Income Fund current dividend information as per the date of this press release is:
Dividend Declaration Date: November 07, 2019
Dividend Ex Date: November 15, 2019
Dividend Record Date: November 18, 2019
Dividend Payment Date: November 29, 2019
Dividend Amount: $ 0.0875
 
 

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