Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Crosses Above 200-Day Moving Average – Time to Sell?

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$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 traded.

Boston Pizza Royalties Income Fund Price Performance

The firm has a market capitalization of C$365.16 million, a P/E ratio of 14.54 and a beta of 1.56. The business’s 50-day simple moving average is C$17.49 and its 200 day simple moving average is C$17.17. The company has a quick ratio of 17.13, a current ratio of 1.10 and a debt-to-equity ratio of 44.35.

Boston Pizza Royalties Income Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.115 per share. This is a positive change from Boston Pizza Royalties Income Fund’s previous monthly dividend of $0.11. The ex-dividend date was Friday, December 20th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 8.04%. Boston Pizza Royalties Income Fund’s payout ratio 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.