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

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$22.23 and traded as high as C$24.30. Boston Pizza Royalties Income Fund shares last traded at C$24.05, with a volume of 34,994 shares changing hands.

Boston Pizza Royalties Income Fund Trading Down 0.4%

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 firm has a market capitalization of C$511.76 million, a PE ratio of 12.15 and a beta of 0.59. The stock’s 50-day simple moving average is C$24.04 and its 200-day simple moving average is C$22.23.

Boston Pizza Royalties Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, March 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. Boston Pizza Royalties Income Fund’s dividend payout ratio is presently 71.21%.

About Boston Pizza Royalties Income Fund

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.