Pizza Pizza Royalty Corp (PZA) Announces Monthly Dividend of $0.07
Pizza Pizza Royalty Corp (TSE:PZA) announced a monthly dividend on Friday, August 17th, Zacks reports. Investors of record on Friday, August 31st will be given a dividend of 0.071 per share on Friday, September 14th. This represents a $0.85 dividend on an annualized basis and a yield of 8.23%. The ex-dividend date of this dividend is Thursday, August 30th.
TSE:PZA traded down C$0.24 during mid-day trading on Friday, reaching C$10.35. The stock had a trading volume of 68,500 shares, compared to its average volume of 37,279. Pizza Pizza Royalty has a one year low of C$9.91 and a one year high of C$17.40.
Separately, TD Securities dropped their target price on Pizza Pizza Royalty from C$16.00 to C$15.00 and set a “hold” rating for the company in a research report on Thursday, May 10th.
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. As of January 1, 2018, the company had 758 restaurants in the royalty pool. Pizza Pizza Royalty Corp. was founded in 1967 and is headquartered in Toronto, Canada.
Recommended Story: Book Value Per Share – BVPS
Receive News & Ratings for Pizza Pizza Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pizza Pizza Royalty and related companies with MarketBeat.com's FREE daily email newsletter.