SRV-UN.TO - SIR Royalty Income Fund

Toronto - Toronto Delayed Price. Currency in CAD
14.00
+0.03 (+0.21%)
At close: 3:57PM EDT
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Previous Close13.97
Open14.00
Bid13.94 x 0
Ask14.04 x 0
Day's Range13.90 - 14.00
52 Week Range12.30 - 16.92
Volume6,526
Avg. Volume14,743
Market Cap117.258M
Beta (3Y Monthly)0.49
PE Ratio (TTM)8.51
EPS (TTM)1.64
Earnings DateN/A
Forward Dividend & Yield1.26 (9.33%)
Ex-Dividend Date2019-08-19
1y Target Est14.75
  • CNW Group

    SIR Royalty Income Fund Announces September 2019 Distribution

    BURLINGTON, ON, Sept. 12, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period August 1, 2019 to August 31, 2019 . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 58 restaurants (57 operating restaurants and one closed restaurant) currently included in the Royalty Pool. 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.

  • CNW Group

    SIR Royalty Income Fund Reports 2019 Second Quarter Results

    BURLINGTON, ON , Aug. 12, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today reported its financial results for the three-month ("Q2 2019") and six-month ("YTD 2019") periods ended June 30, 2019 . Royalty income in the SIR Royalty Limited Partnership (the "Partnership") was $4.7 million , a decrease of 1.8% from Q2 2018. Equity income from the Partnership, which represents the Fund's pro rata share of the residual distributions of the Partnership, was $3.0 million in Q2 2019, compared to $3.1 million in Q2 2018.

  • CNW Group

    SIR Royalty Income Fund Announces August 2019 Distribution

    BURLINGTON, ON , Aug. 9, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period July 1, 2019 to July 31, 2019 . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 58 restaurants (57 operating restaurants and one closed restaurant) currently included in the Royalty Pool.

  • CNW Group

    SIR Royalty Income Fund Announces July 2019 Distribution

    BURLINGTON, ON , July 11, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period June 1, 2019 to June 30, 2019 . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 58 restaurants (57 operating restaurants and one closed restaurant) currently included in the Royalty Pool. 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.

  • CNW Group

    SIR Royalty Income Fund Reports SIR Corp. Fiscal 2019 Third Quarter Results

    BURLINGTON, ON , June 19, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today announced that SIR Corp. ("SIR" or the "Company"), the operating entity from which the Fund earns equity income, has filed its financial results for the 12-week and 36-week periods ended May 5, 2019 ("Q3 2019" and "YTD 2019", respectively). Food and beverage revenue from corporate restaurant operations for YTD 2019 was $202.3 million , a decline of 2.1% compared to $206.7 million for the 36-week period ended May 6, 2018 ("YTD 2018"). SIR reported SSS(1) declines of 3.5% for Q3 2019 and 1.7% for YTD 2019.

  • CNW Group

    SIR Royalty Income Fund Announces June 2019 Distribution

    BURLINGTON, ON , June 11, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period May 1, 2019 to May 31, 2019 . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 58 restaurants (57 operating restaurants and one closed restaurant) currently included in the Royalty Pool.

  • CNW Group

    SIR Royalty Income Fund Reports Voting Results from Annual General Meeting

    SIR Royalty Income Fund Reports Voting Results from Annual General Meeting

  • CNW Group

    SIR Royalty Income Fund Reports 2019 First Quarter Results

    BURLINGTON, ON , May 13, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today reported its financial results for the three-month period ended March 31 , 2019 ("Q1 2019"). Royalty income in the SIR Royalty Limited Partnership (the "Partnership") increased by 2.3% to $4.2 million , compared to $4.1 million for the three-month period ended March 31, 2018 ("Q1 2018"). Equity income from the Partnership, which represents the Fund's pro rata share of the residual distributions of the Partnership, was $2.6 million in both Q1 2019 and Q1 2018.

  • CNW Group

    SIR Royalty Income Fund Announces May 2019 Distribution

    BURLINGTON, ON , May 9, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period April 1, 2019 to April 30, 2019 . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 58 restaurants (57 operating restaurants and one closed restaurant) currently included in the Royalty Pool. 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.

  • CNW Group

    SIR Royalty Income Fund Announces April 2019 Distribution

    BURLINGTON, ON , April 11, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period March 1, 2019 to March 31, 2019 . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 58 restaurants (57 operating restaurants and one closed restaurant) currently included in the Royalty Pool. 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.

  • CNW Group

    SIR Royalty Income Fund Reports SIR Corp. Fiscal 2019 Second Quarter Results

    BURLINGTON, ON , March 25, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today announced that SIR Corp. ("SIR" or the "Company"), the operating entity from which the Fund earns equity income, has filed its financial results for the 12-week and 24-week periods ended February 10, 2019 ("Q2 2019" and "YTD 2019", respectively). Food and beverage revenue from corporate restaurant operations for YTD 2019 increased 0.1% to $134.7 million from $134.6 million for the 24-week period ended February 11, 2018 ("YTD 2018"). The slight decline in revenue in Q2 2019 is primarily attributable to lower Same Store Sales ("SSS")(1) at Canyon Creek® restaurants, partially offset by the addition of new restaurants.

  • CNW Group

    SIR Royalty Income Fund Reports 2018 Fourth Quarter and Year-End Results

    SIR Royalty Income Fund Reports 2018 Fourth Quarter and Year-End Results

  • CNW Group

    SIR Royalty Income Fund Announces March 2019 Distribution

    BURLINGTON, ON , March 8, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period February 1, 2019 to February 28, 2019 . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 58 restaurants (57 operating restaurants and one closed restaurant) currently included in the Royalty Pool. 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.

  • CNW Group

    SIR Royalty Income Fund Announces February 2019 Distribution

    BURLINGTON, ON , Feb. 7, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period January 1, 2019 to January 31, 2019 . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 58 restaurants (57 operating restaurants and one closed restaurant) currently included in the Royalty Pool. 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.

  • CNW Group

    SIR Royalty Income Fund Announces Correction to Additions to Royalty Pool

    BURLINGTON, ON , Feb. 1, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today announced that it has corrected an error that was contained in the press release issued on January 29, 2019 with respect to the adjustment to the Royalty Pool effective January 1, 2019 . The Base Level Revenue of the closed restaurant, previously reported in error as $4.2 million , has been revised to the correct amount of $3.4 million , and the corresponding estimated annual reduction to the Royalty Pool based on 6% of the Base Level Revenue, previously reported in error as $0.3 million , has been revised to the correct amount of $0.2 million . The original number of Class A GP Units that offset the 312,552 Class A GP Units received by SIR for the two new restaurants added to the Royalty Pool on January 1, 2019 , previously reported in error as 210,333, has been revised to the correct amount of 170,198.

  • CNW Group

    SIR Royalty Income Fund Announces Additions to Royalty Pool

    BURLINGTON, ON , Jan. 29, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today announced that, as of January 1, 2019 , two new restaurants, one Scaddabush Italian Kitchen & Barâ ("Scaddabush") and one Redsâ restaurant, have been added to the Royalty Pooled Restaurants (the "Royalty Pool") from which the Fund earns distribution income. SIR Corp. ("SIR") closed one restaurant during 2018, which was removed from the Royalty Pool effective January 1, 2019 . The Fund's Royalty Pool now consists of 58 restaurants, including 40 Jack Astor'sâ restaurants.

  • CNW Group

    SIR Royalty Income Fund Announces January 2019 Distribution

    BURLINGTON, ON , Jan. 10, 2019 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period December 1, 2018 to December 31, 2018 . SIR is a privately held Canadian corporation that owns a portfolio of 61 restaurants and one seasonal retail outlet in Canada . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 57 restaurants currently included in the Royalty Pool.

  • CNW Group

    SIR Royalty Income Fund Reports SIR Corp. Fiscal 2019 First Quarter Results

    BURLINGTON, ON , Dec. 20, 2018 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today announced that SIR Corp. ("SIR" or the "Company"), the operating entity from which the Fund earns equity income, has filed its financial results for the 12-week period ended November 18, 2018 ("Q1 2019"). SIR has advised the Fund that food and beverage revenue from corporate restaurant operations for Q1 2019 increased 1.0% to $69.1 million , compared to $68.4 million for the 12-week period ended November 19, 2017 ("Q1 2018").

  • CNW Group

    SIR Royalty Income Fund Announces December 2018 Distribution

    BURLINGTON, ON , Dec. 10, 2018 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period November 1, 2018 to November 30, 2018 . SIR is a privately held Canadian corporation that owns a portfolio of 61 restaurants and one seasonal retail outlet in Canada . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 57 restaurants currently included in the Royalty Pool.

  • CNW Group

    SIR Royalty Income Fund Reports SIR Corp. Fiscal 2018 Fourth Quarter and Year End Results

    BURLINGTON, ON , Nov. 21, 2018 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today announced that SIR Corp. ("SIR" or the "Company"), the operating entity from which the Fund earns equity income, has filed its financial results for the 16-week and 52-week periods ended August 26, 2018 ("Q4 2018" and "Fiscal 2018", respectively). SIR has advised the Fund that revenue from corporate restaurant operations for Q4 2018 increased 4.3% to $104.1 million , compared to $99.8 million for the 16-week period ended August 27, 2017 ("Q4 2017").

  • CNW Group

    SIR Royalty Income Fund Reports 2018 Third Quarter Results

    BURLINGTON, ON , Nov. 12, 2018 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) (the "Fund") today reported its financial results for the three-month ("Q3 2018") and nine-month ("YTD 2018") periods ended September 30, 2018 . Net earnings for the Fund were $4.5 million , or $0.50 per Fund unit (diluted), for Q3 2018, compared to $2.6 million , or $0.31 per Fund unit (basic and diluted), for the three-month period ended September 30, 2017 ("Q3 2017"). Net earnings for Q3 2018 reflect the adoption of International Financial Reporting Standard 9 ("IFRS 9"), which resulted in an increase in net earnings of $1.7 million .

  • CNW Group

    SIR Royalty Income Fund Announces November 2018 Distribution

    BURLINGTON, ON , Nov. 9, 2018 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period October 1, 2018 to October 31, 2018 . SIR is a privately held Canadian corporation that owns a portfolio of 61 restaurants and one seasonal retail outlet in Canada . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 57 restaurants currently included in the Royalty Pool.

  • CNW Group

    SIR Royalty Income Fund Announces October 2018 Distribution

    BURLINGTON, ON , Oct. 10, 2018 /CNW/ - SIR Royalty Income Fund (SRV-UN.TO) ("the Fund") today declared a cash distribution of $0.105 per unit for the period September 1, 2018 to September 30, 2018 . SIR is a privately held Canadian corporation that owns a portfolio of 61 restaurants and one seasonal retail outlet in Canada . All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 57 restaurants currently included in the Royalty Pool.