Boston Pizza Royalties Income Fund (TSE:BPF.UN) Sets New 1-Year High – Should You Buy?

Boston Pizza Royalties Income Fund (TSE:BPF.UN) shares hit a new 52-week high during trading on Wednesday . The company traded as high as C$24.46 and last traded at C$24.41, with a volume of 9783 shares trading hands. The stock had previously closed at C$24.22.

Boston Pizza Royalties Income Fund Trading Up 1.0%

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 firm has a market capitalization of C$517.08 million, a price-to-earnings ratio of 13.73 and a beta of 0.53. The business has a 50-day moving average of C$22.96 and a two-hundred day moving average of C$21.58.

Boston Pizza Royalties Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 27th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. Boston Pizza Royalties Income Fund’s payout ratio is currently 78.31%.

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.