Pizza Pizza Royalty Corp. (TSE:PZA) to Issue $0.08 Monthly Dividend

Pizza Pizza Royalty Corp. (TSE:PZA) declared a monthly dividend on Friday, June 21st, Zacks reports. Investors of record on Friday, June 28th will be given a dividend of 0.078 per share on Monday, July 15th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.12%. The ex-dividend date of this dividend is Friday, June 28th.

Pizza Pizza Royalty Stock Performance

Shares of PZA traded up C$0.01 during mid-day trading on Wednesday, reaching C$13.14. The company’s stock had a trading volume of 12,697 shares, compared to its average volume of 27,837. Pizza Pizza Royalty has a 1-year low of C$12.81 and a 1-year high of C$15.52. The stock has a market cap of C$323.51 million, a P/E ratio of 13.66 and a beta of 0.95. The business has a 50-day simple moving average of C$13.30 and a two-hundred day simple moving average of C$13.93. The company has a current ratio of 3.09, a quick ratio of 3.03 and a debt-to-equity ratio of 15.61.

Pizza Pizza Royalty (TSE:PZA) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.23 earnings per share (EPS) for the quarter. The company had revenue of C$148.90 million during the quarter. Pizza Pizza Royalty had a return on equity of 10.63% and a net margin of 77.82%. As a group, equities research analysts anticipate that Pizza Pizza Royalty will post 1 earnings per share 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.