Reminder - SIR Royalty Income Fund (SRV-UN) Goes Ex-Dividend Soon

On 5/19/15, SIR Royalty Income Fund (TSX: SRV-UN.TO) will trade ex-dividend, for its monthly dividend of $0.095, payable on 5/29/15. As a percentage of SRV.UN's recent stock price of $13.32, this dividend works out to approximately 0.71%, so look for shares of SIR Royalty Income Fund to trade 0.71% lower — all else being equal — when SRV.UN shares open for trading on 5/19/15.

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 8.56% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SRV.UN shares:

SIR Royalty Income Fund 200 Day Moving Average Chart

Looking at the chart above, SRV.UN's low point in its 52 week range is $12.06 per share, with $13.80 as the 52 week high point — that compares with a last trade of $13.32.

In Friday trading, SIR Royalty Income Fund shares are currently trading flat on the day.

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