Boston Pizza Royalties Income Fund (TSE:BPF.UN) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Boston Pizza Royalties Income Fund (TSE:BPF.UN) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 Stock Performance

The stock has a fifty day moving average of C$17.56 and a 200-day moving average of C$17.05. The company has a quick ratio of 17.13, a current ratio of 1.10 and a debt-to-equity ratio of 44.35. The stock has a market cap of C$374.32 million, a PE ratio of 14.91 and a beta of 1.56.

Boston Pizza Royalties Income Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st will be paid a $0.115 dividend. This is an increase from Boston Pizza Royalties Income Fund’s previous monthly dividend of $0.11. This represents a $1.38 annualized dividend and a dividend yield of 7.85%. The ex-dividend date is Friday, December 20th. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is 115.25%.

Boston Pizza Royalties Income Fund Company Profile

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.