Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$17.32 and traded as high as C$17.58. Boston Pizza Royalties Income Fund shares last traded at C$17.57, with a volume of 71,856 shares trading hands.

Boston Pizza Royalties Income Fund Price Performance

The stock has a market cap of C$369.42 million, a P/E ratio of 14.71 and a beta of 1.56. The company has a debt-to-equity ratio of 44.35, a quick ratio of 17.13 and a current ratio of 1.10. The business has a 50 day simple moving average of C$17.37 and a 200-day simple moving average of C$17.32.

Boston Pizza Royalties Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 28th will be given a $0.115 dividend. This represents a $1.38 annualized dividend and a yield of 7.95%. The ex-dividend date of this dividend is Friday, February 21st. Boston Pizza Royalties Income Fund’s dividend payout ratio 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.