Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) announced a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.0775 per share on Friday, June 13th. This represents a $0.93 annualized dividend and a dividend yield of 6.29%. The ex-dividend date of this dividend is Friday, May 30th.
Pizza Pizza Royalty Stock Down 0.7%
Shares of TSE PZA traded down C$0.10 on Friday, hitting C$14.78. The company had a trading volume of 21,127 shares, compared to its average volume of 52,835. Pizza Pizza Royalty has a 12-month low of C$12.31 and a 12-month high of C$14.94. The business has a 50 day moving average of C$14.06 and a two-hundred day moving average of C$13.49. The company has a quick ratio of 3.03, a current ratio of 0.19 and a debt-to-equity ratio of 15.72. The firm has a market capitalization of C$364.14 million, a P/E ratio of 15.64 and a beta of 0.91.
Analysts Set New Price Targets
Separately, TD Securities boosted their price target on Pizza Pizza Royalty from C$13.00 to C$14.00 and gave the stock a "hold" rating in a research note on Tuesday, April 1st.
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About Pizza Pizza Royalty
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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.
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