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

Boston Pizza Royalties Income Fund (TSE:BPF.UN) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$17.60 and traded as high as C$19.42. Boston Pizza Royalties Income Fund shares last traded at C$19.30, with a volume of 19,613 shares.

Boston Pizza Royalties Income Fund Price Performance

The company has a debt-to-equity ratio of 44.35, a current ratio of 1.10 and a quick ratio of 17.13. The stock has a market capitalization of C$410.70 million, a price-to-earnings ratio of 16.36 and a beta of 1.56. The stock has a 50 day moving average price of C$18.16 and a 200-day moving average price of C$17.60.

Boston Pizza Royalties Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 30th were paid a $0.115 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date of this dividend was Wednesday, May 21st. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is 115.25%.

Boston Pizza Royalties Income Fund Company Profile

Boston Pizza restaurants offer a casual dining atmosphere with more than 100 menu items including a unique selection of gourmet pizzas, mouth-watering pastas and a wide variety of appetizers, meal-sized salads, entrees and desserts. Each Boston Pizza location provides three experiences under one roof, with a full service, family friendly casual dining restaurant, a separate sports bar, and take-out and delivery options.