Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Passes Above Two Hundred Day Moving Average of $15.63

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.63 and traded as high as C$15.90. Boston Pizza Royalties Income Fund shares last traded at C$15.79, with a volume of 17,831 shares.

Analysts Set New Price Targets

Separately, Acumen Capital cut their price target on shares of Boston Pizza Royalties Income Fund from C$19.00 to C$18.50 in a report on Monday, May 13th.

Boston Pizza Royalties Income Fund Stock Up 0.7 %

The stock’s fifty day moving average is C$15.86 and its two-hundred day moving average is C$15.64. The company has a current ratio of 3.47, a quick ratio of 17.13 and a debt-to-equity ratio of 44.38. The company has a market capitalization of C$340.27 million, a PE ratio of 11.93 and a beta of 1.60.

Boston Pizza Royalties Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 28th will be issued a $0.113 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 8.48%. The ex-dividend date is Friday, June 21st. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is currently 101.49%.

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.