Boston Pizza Royalties Income Fund (TSE:BPF.UN) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$16.63 and traded as high as C$17.58. Boston Pizza Royalties Income Fund shares last traded at C$17.37, with a volume of 43,470 shares.

Boston Pizza Royalties Income Fund Price Performance

The stock has a market cap of C$369.63 million, a price-to-earnings ratio of 14.72 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 company has a 50-day simple moving average of C$17.45 and a two-hundred day simple moving average of C$16.63.

Boston Pizza Royalties Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 31st were paid a $0.113 dividend. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.36 annualized dividend and a yield of 7.81%. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is currently 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.