Boston Pizza Royalties Income Fund (TSE:BPF.UN) Reaches New 1-Year High – Still a Buy?

Shares of Boston Pizza Royalties Income Fund (TSE:BPF.UN) hit a new 52-week high on Thursday . The stock traded as high as C$25.55 and last traded at C$25.29, with a volume of 18966 shares. The stock had previously closed at C$25.05.

Boston Pizza Royalties Income Fund Stock Up 1.8%

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 business’s fifty day moving average price is C$23.50 and its two-hundred day moving average price is C$21.93. The firm has a market cap of C$542.40 million, a P/E ratio of 12.87 and a beta of 0.53.

Boston Pizza Royalties Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 27th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 5.6%. Boston Pizza Royalties Income Fund’s dividend payout ratio is presently 71.21%.

About Boston Pizza Royalties Income Fund

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.