Boston Pizza Royalties Income Fund (TSE:BPF.UN) Hits New 52-Week High – Time to Buy?

Shares of Boston Pizza Royalties Income Fund (TSE:BPF.UN) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$23.55 and last traded at C$23.50, with a volume of 17929 shares changing hands. The stock had previously closed at C$23.40.

Boston Pizza Royalties Income Fund Price Performance

The company has a market cap of C$500.69 million, a PE ratio of 13.29 and a beta of 0.62. The company has a current ratio of 1.10, a quick ratio of 17.13 and a debt-to-equity ratio of 44.35. The firm has a 50 day moving average of C$22.15 and a two-hundred day moving average of C$21.23.

Boston Pizza Royalties Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is presently 78.31%.

Boston Pizza Royalties Income Fund Company Profile

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.