Boston Pizza Royalties Income Fund (TSE:BPF.UN) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$16.33 and traded as high as C$17.50. Boston Pizza Royalties Income Fund shares last traded at C$17.46, with a volume of 18,041 shares trading hands.

Boston Pizza Royalties Income Fund Price Performance

The stock has a fifty day moving average of C$17.06 and a two-hundred day moving average of C$16.33. The company has a current ratio of 1.10, a quick ratio of 17.13 and a debt-to-equity ratio of 44.35. The stock has a market capitalization of C$371.55 million, a price-to-earnings ratio of 14.80 and a beta of 1.56.

Boston Pizza Royalties Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were given a dividend of $0.113 per share. The ex-dividend date was Friday, September 20th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 7.77%. Boston Pizza Royalties Income Fund’s payout ratio is 115.25%.

About Boston Pizza Royalties Income Fund

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.