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

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$17.05 and traded as high as C$17.66. Boston Pizza Royalties Income Fund shares last traded at C$17.59, with a volume of 13,748 shares.

Boston Pizza Royalties Income Fund Trading Up 0.6 %

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 firm has a market cap of C$374.32 million, a PE ratio of 14.91 and a beta of 1.56. The business has a fifty day moving average price of C$17.56 and a 200 day moving average price of C$17.05.

Boston Pizza Royalties Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $1.38 dividend on an annualized basis and a yield of 7.85%. This is a boost from Boston Pizza Royalties Income Fund’s previous monthly dividend of $0.11. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is presently 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.