Pizza Pizza Royalty Corp. Declares Monthly Dividend of $0.07 (TSE:PZA)

Pizza Pizza Royalty Corp. (TSE:PZAGet Free Report) declared a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.0675 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, June 30th.

Pizza Pizza Royalty Stock Performance

Shares of PZA opened at C$13.19 on Friday. The company has a debt-to-equity ratio of 15.24, a current ratio of 1.64 and a quick ratio of 3.02. Pizza Pizza Royalty has a one year low of C$12.22 and a one year high of C$16.73. The firm has a market capitalization of C$445.89 million, a P/E ratio of 13.91 and a beta of 0.64. The business has a fifty day moving average of C$13.72 and a 200 day moving average of C$15.14.

Pizza Pizza Royalty (TSE:PZAGet Free Report) last posted its earnings results on Wednesday, March 25th. The company reported C$0.24 earnings per share for the quarter. Pizza Pizza Royalty had a return on equity of 10.21% and a net margin of 29.35%. As a group, sell-side analysts anticipate that Pizza Pizza Royalty will post 0.9896142 EPS for the current year.

Wall Street Analyst Weigh In

Separately, TD reduced their price target on shares of Pizza Pizza Royalty from C$14.00 to C$12.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$14.00.

Get Our Latest Report on PZA

About Pizza Pizza Royalty

(Get Free Report)

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.

Recommended Stories

Dividend History for Pizza Pizza Royalty (TSE:PZA)

Receive News & Ratings for Pizza Pizza Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pizza Pizza Royalty and related companies with MarketBeat.com's FREE daily email newsletter.