Boston Pizza Royalties Income Fund (TSE:BPF.UN) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$16.69 and traded as high as C$17.48. Boston Pizza Royalties Income Fund shares last traded at C$17.40, with a volume of 28,938 shares trading hands.

Boston Pizza Royalties Income Fund Trading Up 0.3 %

The firm has a market capitalization of C$372.19 million, a price-to-earnings ratio of 14.81 and a beta of 1.56. The company has a fifty day moving average price of C$17.54 and a two-hundred day moving average price of C$16.71. The company has a current ratio of 1.10, a quick ratio of 17.13 and a debt-to-equity ratio of 44.35.

Boston Pizza Royalties Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 29th will be given a dividend of $0.113 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 7.75%. The ex-dividend date of this dividend is Thursday, November 21st. Boston Pizza Royalties Income Fund’s dividend payout ratio is currently 115.25%.

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.