Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) declared a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.0775 per share on Friday, June 13th. This represents a $0.93 annualized dividend and a yield of 6.37%. The ex-dividend date is Friday, May 30th.
Pizza Pizza Royalty Price Performance
Shares of PZA traded down C$0.03 during mid-day trading on Tuesday, reaching C$14.60. The company had a trading volume of 7,322 shares, compared to its average volume of 52,159. The company has a market capitalization of C$359.70 million, a P/E ratio of 15.45 and a beta of 0.91. Pizza Pizza Royalty has a twelve month low of C$12.31 and a twelve month high of C$14.94. The company's 50-day moving average is C$14.08 and its 200-day moving average is C$13.50. The company has a debt-to-equity ratio of 15.72, a current ratio of 0.19 and a quick ratio of 3.03.
Wall Street Analysts Forecast Growth
Separately, TD Securities increased their price objective on Pizza Pizza Royalty from C$13.00 to C$14.00 and gave the company a "hold" rating in a research report on Tuesday, April 1st.
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Pizza Pizza Royalty Company Profile
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Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians.
Further Reading

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