SIR Royalty Income Fund Dividends and Buybacks
Dividend criteria checks 4/6
SIR Royalty Income Fund is a dividend paying company with a current yield of 9.07% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
9.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | CA$1.183 |
| Payout ratio | 45% |
Recent dividend and buyback 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) | 9.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Hospitality) | 3.4% |
| Analyst forecast (SRV.UN) (up to 3 years) | n/a |
Notable Dividend: SRV.UN's dividend (9.07%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: SRV.UN's dividend (9.07%) is in the top 25% of dividend payers in the Canadian market (6.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.2%), SRV.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.9%), SRV.UN's dividend payments are not well covered by cash flows.