Pizza Pizza Royalty Corp. to Issue 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 paid a dividend of 0.078 per share on Wednesday, May 15th. This represents a $0.94 annualized dividend and a yield of 6.93%. The ex-dividend date of this dividend is Monday, April 29th.

Pizza Pizza Royalty Price Performance

TSE:PZA opened at C$13.51 on Friday. The company has a quick ratio of 3.03, a current ratio of 2.91 and a debt-to-equity ratio of 15.98. Pizza Pizza Royalty has a 12-month low of C$12.85 and a 12-month high of C$15.52. The stock’s 50 day moving average price is C$13.80 and its two-hundred day moving average price is C$14.09. The firm has a market capitalization of C$332.62 million, a price-to-earnings ratio of 14.07 and a beta of 0.96.

Pizza Pizza Royalty (TSE:PZA) last released its quarterly earnings data on Wednesday, March 6th. The company reported C$0.26 EPS for the quarter. The firm had revenue of C$163.91 million for the quarter. Pizza Pizza Royalty had a net margin of 77.02% and a return on equity of 10.57%. On average, analysts anticipate 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.