Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Passes Above 200 Day Moving Average – Time to Sell?

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$17.11 and traded as high as C$17.75. Boston Pizza Royalties Income Fund shares last traded at C$17.60, with a volume of 64,342 shares trading hands.

Boston Pizza Royalties Income Fund Stock Up 0.5 %

The stock’s fifty day moving average is C$17.51 and its two-hundred day moving average is C$17.12. The company has a current ratio of 1.10, a quick ratio of 17.13 and a debt-to-equity ratio of 44.35. The firm has a market cap of C$376.44 million, a P/E ratio of 14.99 and a beta of 1.56.

Boston Pizza Royalties Income Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.115 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 7.80%. The ex-dividend date was Friday, December 20th. This is an increase from Boston Pizza Royalties Income Fund’s previous monthly dividend of $0.11. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is 115.25%.

About Boston Pizza Royalties Income Fund

Boston Pizza Royalties Income Fund operates as a limited purpose open-ended trust. The company, indirectly through Boston Pizza Royalties Limited Partnership, owns trade-marks used by Boston Pizza International Inc It operates and franchises Boston Pizza restaurants. The company was founded in 1964 and is based in Richmond, Canada.