Boston Pizza Royalties Income Fund (TSE:BPF.UN) Plans Dividend Increase – $0.12 Per Share

Boston Pizza Royalties Income Fund (TSE:BPF.UN) announced a monthly dividend on Friday, December 20th,TickerTech Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.115 per share on Tuesday, December 31st. This represents a $1.38 annualized dividend and a dividend yield of 7.82%. The ex-dividend date of this dividend is Friday, December 20th. This is an increase from Boston Pizza Royalties Income Fund’s previous monthly dividend of $0.11.

Boston Pizza Royalties Income Fund Stock Up 0.5 %

Shares of TSE:BPF.UN opened at C$17.64 on Wednesday. The company has a market cap of C$375.38 million, a price-to-earnings ratio of 14.95 and a beta of 1.56. Boston Pizza Royalties Income Fund has a fifty-two week low of C$15.08 and a fifty-two week high of C$18.10. The firm’s 50-day simple moving average is C$17.57 and its 200-day simple moving average is C$16.99. The company has a quick ratio of 17.13, a current ratio of 1.10 and a debt-to-equity ratio of 44.35.

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.