SIR Royalty Income Fund (TSE:SRV.UN) Stock Crosses Above 50-Day Moving Average – Should You Sell?

SIR Royalty Income Fund (TSE:SRV.UN – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of C$14.22 and traded as high as C$14.45. SIR Royalty Income Fund shares last traded at C$14.27, with a volume of 11,718 shares.

SIR Royalty Income Fund Price Performance

The business’s 50 day moving average price is C$14.22 and its 200-day moving average price is C$15.40. The company has a market cap of C$119.53 million, a P/E ratio of 14.71 and a beta of 0.24.

SIR Royalty Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, October 30th. Investors of record on Friday, October 30th were issued a dividend of $0.1050 per share. This represents a $1.26 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date of this dividend was Friday, October 16th. SIR Royalty Income Fund’s dividend payout ratio (DPR) is currently 126.80%.

SIR Royalty Income Fund Company Profile

(Get Free Report)

The Fund is a trust governed by the laws of the province of Ontario that receives distribution income from its investment in the SIR Royalty Limited Partnership and interest income from the SIR Loan. The Fund intends to pay distributions to unitholders on a monthly basis.

Further Reading

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