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

by · The Cerbat Gem

Boston Pizza Royalties Income Fund (TSE:BPF.UN – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$16.40 and traded as high as C$17.92. Boston Pizza Royalties Income Fund shares last traded at C$17.88, with a volume of 37,861 shares traded.

Boston Pizza Royalties Income Fund Stock Performance

The company has a 50-day simple moving average of C$17.23 and a two-hundred day simple moving average of C$16.43. The company has a debt-to-equity ratio of 44.35, a quick ratio of 17.13 and a current ratio of 1.10. The firm has a market capitalization of C$381.34 million, a P/E ratio of 15.19 and a beta of 1.56.

Boston Pizza Royalties Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 31st will be given a $0.113 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend is Monday, October 21st. Boston Pizza Royalties Income Fund’s dividend payout ratio is presently 115.25%.

About Boston Pizza Royalties Income Fund

(Get Free Report)

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.

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