Boston Pizza Royalties Income Fund (TSE:BPF.UN) Stock Passes Above Two Hundred Day Moving Average of $15.63

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.63 and traded as high as C$15.90. Boston Pizza Royalties Income Fund shares last traded at C$15.79, with a volume of 17,831 shares traded.

Analyst Upgrades and Downgrades

Separately, Acumen Capital cut their price objective on Boston Pizza Royalties Income Fund from C$19.00 to C$18.50 in a research report on Monday, May 13th.

Boston Pizza Royalties Income Fund Trading Up 0.7 %

The company has a debt-to-equity ratio of 44.38, a current ratio of 3.47 and a quick ratio of 17.13. The business has a 50 day moving average of C$15.86 and a 200 day moving average of C$15.64. The firm has a market capitalization of C$340.27 million, a price-to-earnings ratio of 11.93 and a beta of 1.60.

Boston Pizza Royalties Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 28th will be paid a dividend of $0.113 per share. The ex-dividend date of this dividend is Friday, June 21st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 8.48%. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is presently 101.49%.

Boston Pizza Royalties Income Fund Company Profile

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.