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

Boston Pizza Royalties Income Fund (TSE:BPF.UN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$17.17 and traded as high as C$17.38. Boston Pizza Royalties Income Fund shares last traded at C$17.16, with a volume of 34,565 shares trading hands.

Boston Pizza Royalties Income Fund Stock Performance

The firm has a 50-day simple moving average of C$17.49 and a two-hundred day simple moving average of C$17.18. The company has a market capitalization of C$365.16 million, a price-to-earnings ratio of 14.54 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.

Boston Pizza Royalties Income Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a $0.115 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 8.04%. This is a boost from Boston Pizza Royalties Income Fund’s previous monthly dividend of $0.11. The ex-dividend date was Friday, December 20th. Boston Pizza Royalties Income Fund’s payout ratio is presently 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.