SIR Royalty Income Fund Dividend
Dividend criteria checks 4/6
SIR Royalty Income Fund is a dividend paying company with a current yield of 8.62% that is well covered by earnings.
Key information
8.6%
Dividend yield
50%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$2.28 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
SIR Royalty Income Fund's (TSE:SRV.UN) Dividend Will Be CA$0.095
Feb 12
SIR Royalty Income Fund's (TSE:SRV.UN) Profits Appear To Have Quality Issues
Nov 17We Think SIR Royalty Income Fund (TSE:SRV.UN) Might Have The DNA Of A Multi-Bagger
Jun 24We're Not Very Worried About SIR Royalty Income Fund's (TSE:SRV.UN) Cash Burn Rate
Jul 19Have Insiders Been Buying SIR Royalty Income Fund (TSE:SRV.UN) Shares?
Mar 12A Look At The Intrinsic Value Of SIR Royalty Income Fund (TSE:SRV.UN)
Nov 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SRV.UN's dividend payments have been volatile in the past 10 years.
Growing Dividend: SRV.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| SIR Royalty Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SRV.UN) | 8.6% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Hospitality) | 3.3% |
| Analyst forecast in 3 Years (SRV.UN) | n/a |
Notable Dividend: SRV.UN's dividend (8.62%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: SRV.UN's dividend (8.62%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (50%), SRV.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (140.8%), SRV.UN's dividend payments are not well covered by cash flows.