Pizza Pizza Royalty Corp. Announces Monthly Dividend of $0.08 (TSE:PZA)

Pizza Pizza Royalty Corp. (TSE:PZA) announced a monthly dividend on Wednesday, April 24th, Zacks reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.078 per share on Wednesday, May 15th. This represents a $0.94 annualized dividend and a yield of 6.99%. The ex-dividend date of this dividend is Monday, April 29th.

Pizza Pizza Royalty Stock Performance

Shares of PZA stock opened at C$13.39 on Friday. The firm has a market cap of C$329.66 million, a price-to-earnings ratio of 13.95 and a beta of 0.96. The company’s 50 day moving average is C$13.82 and its 200 day moving average is C$14.09. The company has a quick ratio of 3.03, a current ratio of 2.91 and a debt-to-equity ratio of 15.98. Pizza Pizza Royalty has a 52-week low of C$12.85 and a 52-week high of C$15.52.

Pizza Pizza Royalty (TSE:PZA) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C$0.26 EPS for the quarter. The business had revenue of C$163.91 million during the quarter. Pizza Pizza Royalty had a net margin of 77.02% and a return on equity of 10.57%. On average, sell-side analysts anticipate that Pizza Pizza Royalty will post 1 EPS for the current fiscal year.

Pizza Pizza Royalty Company Profile

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. The company was founded in 1967 and is headquartered in Toronto, Canada.