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

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price crossed 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 changing hands.

Boston Pizza Royalties Income Fund Trading Up 0.6 %

The stock has a market cap of C$381.34 million, a PE ratio of 15.19 and a beta of 1.56. The stock’s fifty day moving average price is C$17.23 and its 200 day moving average price is C$16.43. 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 Announces Dividend

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

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.