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

SIR Royalty Income Fund (TSE:SRV.UNGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$15.67 and traded as high as C$16.01. SIR Royalty Income Fund shares last traded at C$16.01, with a volume of 2,039 shares traded.

SIR Royalty Income Fund Stock Performance

The stock’s 50 day moving average price is C$15.67 and its 200 day moving average price is C$15.52. The company has a market capitalization of C$134.10 million, a P/E ratio of 15.25 and a beta of 0.07.

SIR Royalty Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 31st will be issued a dividend of $0.105 per share. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Friday, July 17th. SIR Royalty Income Fund’s dividend payout ratio (DPR) is presently 114.29%.

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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