Boston Pizza Royalties Income Fund (TSE:BPF.UN) Hits New 1-Year High – Time to Buy?

Boston Pizza Royalties Income Fund (TSE:BPF.UN) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$24.55 and last traded at C$24.40, with a volume of 6110 shares changing hands. The stock had previously closed at C$24.30.

Boston Pizza Royalties Income Fund Stock Performance

The company’s 50-day moving average is C$23.09 and its two-hundred day moving average is C$21.68. The company has a market capitalization of C$519.42 million, a P/E ratio of 13.79 and a beta of 0.53. The company has a quick ratio of 17.13, a current ratio of 1.10 and a debt-to-equity ratio of 44.35.

Boston Pizza Royalties Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 27th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 5.9%. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is 78.31%.

About Boston Pizza Royalties Income Fund

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.