Ex-Div Reminder For SIR Royalty Income Fund (SRV-UN)

On 10/18/13, SIR Royalty Income Fund (TSX: SRV-UN.TO) will trade ex-dividend, for its monthly dividend of $0.095, payable on 10/31/13. As a percentage of SRV.UN's recent stock price of $14.05, this dividend works out to approximately 0.68%, so look for shares of SIR Royalty Income Fund to trade 0.68% lower — all else being equal — when SRV.UN shares open for trading on 10/18/13.

Below is a dividend history chart for SRV.UN, showing historical dividends prior to the most recent $0.095 declared by SIR Royalty Income Fund:

SRV.UN+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SRV.UN is likely to continue, and whether the current estimated yield of 8.11% on annualized basis is a reasonable expectation of annual yield going forward.
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In Wednesday trading, SIR Royalty Income Fund shares are currently trading flat on the day.

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