Boston Pizza Royalties Income Fund Plans Monthly Dividend of $0.11 (TSE:BPF.UN)

Boston Pizza Royalties Income Fund (TSE:BPF.UN) declared a monthly dividend on Wednesday, August 21st, TickerTech reports. Stockholders of record on Friday, August 30th will be given a dividend of 0.113 per share on Friday, August 30th. This represents a $1.36 annualized dividend and a dividend yield of 7.97%. The ex-dividend date is Wednesday, August 21st.

Boston Pizza Royalties Income Fund Stock Up 0.9 %

Shares of BPF.UN opened at C$17.01 on Monday. Boston Pizza Royalties Income Fund has a 52 week low of C$14.45 and a 52 week high of C$17.03. The firm has a market capitalization of C$361.97 million, a P/E ratio of 14.42 and a beta of 1.56. The company has a 50-day simple moving average of C$16.35 and a 200-day simple moving average of C$15.93. The company has a debt-to-equity ratio of 44.35, a quick ratio of 17.13 and a current ratio of 1.10.

Wall Street Analyst Weigh In

Separately, Acumen Capital lowered 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 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.