Press Release: SIR Royalty Income Fund Announces January 2025 Distribution

Dow Jones01-09 06:00

SIR Royalty Income Fund Announces January 2025 Distribution

Canada NewsWire

BURLINGTON, ON, Jan. 8, 2025

BURLINGTON, ON, Jan. 8, 2025 /CNW/ - SIR Royalty Income Fund (TSX: SRV.UN) ("the Fund") today declared a cash distribution of $0.095 per unit for the period December 1, 2024 to December 31, 2024. The distribution will be payable on January 31, 2025 to unitholders of record as at the close of business on January 17, 2025.

About SIR Royalty Income Fund

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. The Fund intends to pay distributions to unitholders on a monthly basis.

About SIR Corp.

SIR Corp. ("SIR") is a privately held Canadian corporation that owns a portfolio of 54 restaurants in Canada. SIR's Concept brands include Jack Astor's Bar and Grill$(R)$ with 36 locations and Scaddabush Italian Kitchen & Bar(R) with 13 locations. SIR also operates one-of-a-kind "Signature" brands including The Loose Moose(R) and Reds(R) Square One. 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. SIR also owns three additional restaurants, including two Duke's Refresher(R) + Bar locations and Edna + Vita$(TM)$ , which are currently not part of the Royalty Pool. For more information on SIR or the SIR Royalty Income Fund, please visit www.sircorp.com.

SOURCE SIR Royalty Income Fund

View original content: http://www.newswire.ca/en/releases/archive/January2025/08/c6288.html

/CONTACT:

For further information, please contact: Jeff Good, Chief Financial Officer, Tel: 905-681-2997; Bruce Wigle, Bay Street Communications, Tel: 647-496-7856

Copyright CNW Group 2025 
 

(END) Dow Jones Newswires

January 08, 2025 17:00 ET (22:00 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment