Boston Pizza Royalties Income Fund (TSE:BPF.UN) Shares Cross Above 200 Day Moving Average – Here’s Why

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$22.12 and traded as high as C$25.20. Boston Pizza Royalties Income Fund shares last traded at C$25.00, with a volume of 24,275 shares traded.

Boston Pizza Royalties Income Fund Stock Performance

The stock has a market capitalization of C$526.44 million, a P/E ratio of 12.49 and a beta of 0.59. 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 company has a 50-day moving average price of C$23.89 and a two-hundred day moving average price of C$22.15.

Boston Pizza Royalties Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 27th were issued a $0.12 dividend. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date was Friday, February 20th. Boston Pizza Royalties Income Fund’s payout ratio is presently 71.21%.

Boston Pizza Royalties Income Fund Company Profile

Boston Pizza restaurants offer a casual dining atmosphere with more than 100 menu items including a unique selection of gourmet pizzas, mouth-watering pastas and a wide variety of appetizers, meal-sized salads, entrees and desserts. Each Boston Pizza location provides three experiences under one roof, with a full service, family friendly casual dining restaurant, a separate sports bar, and take-out and delivery options.