Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• Boston Pizza Royalties Income Fund's stock price recently surpassed its 200-day moving average, reaching a high of C$19.70.
• The company announced a monthly dividend of $0.115 per share, resulting in an annualized yield of 7.0% and a payout ratio of 115.25%.
• Boston Pizza has a market capitalization of C$419.22 million and reported a P/E ratio of 16.69, indicating a growing investment interest.

Boston Pizza Royalties Income Fund (TSE:BPF.UN - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$18.19 and traded as high as C$19.70. Boston Pizza Royalties Income Fund shares last traded at C$19.70, with a volume of 32,601 shares traded.

Boston Pizza Royalties Income Fund Stock Up 0.2%

The company has a quick ratio of 17.13, a current ratio of 1.10 and a debt-to-equity ratio of 44.35. The stock has a market cap of C$420.92 million, a P/E ratio of 16.76 and a beta of 1.56. The company's 50 day moving average price is C$19.56 and its two-hundred day moving average price is C$18.26.

Boston Pizza Royalties Income Fund Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 31st were given a dividend of $0.115 per share. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend was Monday, July 21st. Boston Pizza Royalties Income Fund's dividend payout ratio (DPR) is 115.25%.

About Boston Pizza Royalties Income Fund

Boston Pizza restaurants offer a casual dining atmosphere with more than 100 menu items including a unique selection of gourmet pizzas, mouth-watering pastas and a wide variety of appetizers, meal-sized salads, entrees and desserts. Each Boston Pizza location provides three experiences under one roof, with a full service, family friendly casual dining restaurant, a separate sports bar, and take-out and delivery options.