Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Boston Pizza Royalties Income Fund (TSE:BPF.UN) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$17.17 and traded as high as C$17.38. Boston Pizza Royalties Income Fund shares last traded at C$17.16, with a volume of 34,565 shares changing hands.

Boston Pizza Royalties Income Fund Trading Down 0.6 %

The stock has a market capitalization of C$365.16 million, a P/E ratio of 14.54 and a beta of 1.56. The company has a debt-to-equity ratio of 44.35, a quick ratio of 17.13 and a current ratio of 1.10. The business has a 50 day simple moving average of C$17.49 and a 200-day simple moving average of C$17.18.

Boston Pizza Royalties Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a $0.115 dividend. This is an increase from Boston Pizza Royalties Income Fund’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 20th. This represents a $1.38 annualized dividend and a dividend yield of 8.04%. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is presently 115.25%.

Boston Pizza Royalties Income Fund Company Profile

Boston Pizza Royalties Income Fund operates as a limited purpose open-ended trust. The company, indirectly through Boston Pizza Royalties Limited Partnership, owns trade-marks used by Boston Pizza International Inc It operates and franchises Boston Pizza restaurants. The company was founded in 1964 and is based in Richmond, Canada.