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DIVIDEND ANNOUNCEMENT: Unit/SIR Royalty Income Fund (OTCBB:SIRZF) on 01/09/2020 declared a dividend of $0.0875 per share

January 09, 2020

Unit/SIR Royalty Income Fund (OTCBB:SIRZF) on 01/09/2020 declared a dividend of $ 0.0875 per share payable on January 31, 2020 to shareholders of record as of January 20, 2020.

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 3 successive years.

Unit/SIR Royalty Income Fund's market cap is $ 35,018,173 and has a PE ratio of 5.78. The stock price closed yesterday at $ 6.54 and has a 52 week low/high of $ 5.90 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: January 09, 2020
Dividend Ex Date: January 17, 2020
Dividend Record Date: January 20, 2020
Dividend Payment Date: January 31, 2020
Dividend Amount: $ 0.0875
 
 

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