Pizza Pizza Royalty Corp. Plans Monthly Dividend of $0.08 (TSE:PZA)

Pizza Pizza Royalty Corp. (TSE:PZA) announced a monthly dividend on Wednesday, April 24th, Zacks reports. Investors of record on Tuesday, April 30th will be given a dividend of 0.078 per share on Wednesday, May 15th. This represents a $0.94 annualized dividend and a yield of 6.99%. The ex-dividend date of this dividend is Monday, April 29th.

Pizza Pizza Royalty Trading Up 0.1 %

Pizza Pizza Royalty stock opened at C$13.39 on Friday. The firm has a 50 day moving average of C$13.82 and a 200 day moving average of C$14.09. The firm has a market capitalization of C$329.66 million, a price-to-earnings ratio of 13.95 and a beta of 0.96. Pizza Pizza Royalty has a 12-month low of C$12.85 and a 12-month high of C$15.52. The company has a current ratio of 2.91, a quick ratio of 3.03 and a debt-to-equity ratio of 15.98.

Pizza Pizza Royalty (TSE:PZA) last released its earnings results on Wednesday, March 6th. The company reported C$0.26 earnings per share (EPS) for the quarter. Pizza Pizza Royalty had a net margin of 77.02% and a return on equity of 10.57%. The company had revenue of C$163.91 million during the quarter. As a group, research analysts predict that Pizza Pizza Royalty will post 1 earnings per share for the current year.

About Pizza Pizza Royalty

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. The company was founded in 1967 and is headquartered in Toronto, Canada.