Boston Pizza Royalties Income Fund (TSE:BPF.UN) to Issue Dividend Increase - $0.12 Per Share

Key Points

• Boston Pizza Royalties Income Fund announced a monthly dividend increase to $0.12 per share, marking a 4.3% rise from the previous amount.
• The dividend is scheduled for distribution on August 29th to shareholders on record as of August 21st, with an annualized yield of 6.6%.
• Shares of Boston Pizza saw a midday trading increase, reaching C$21.92 with a market capitalization of C$466.46 million.

Boston Pizza Royalties Income Fund (TSE:BPF.UN - Get Free Report) announced a monthly dividend on Thursday, August 21st, TickerTech Dividends reports. Shareholders of record on Friday, August 29th will be given a dividend of 0.12 per share on Friday, August 29th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Thursday, August 21st. This is a 4.3% increase from Boston Pizza Royalties Income Fund's previous monthly dividend of $0.12.

Boston Pizza Royalties Income Fund Price Performance

Shares of BPF.UN stock traded up C$0.24 during midday trading on Tuesday, reaching C$21.92. 62,185 shares of the company were exchanged, compared to its average volume of 38,030. Boston Pizza Royalties Income Fund has a 12 month low of C$15.50 and a 12 month high of C$22.00. The company has a market cap of C$466.46 million, a P/E ratio of 18.58 and a beta of 1.56. The company's 50 day moving average price is C$19.72 and its two-hundred day moving average price is C$18.40. The company has a debt-to-equity ratio of 44.35, a quick ratio of 17.13 and a current ratio of 1.10.

Boston Pizza Royalties Income Fund Company Profile

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.

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