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

Pizza Pizza Royalty Corp. (TSE:PZA) announced a monthly dividend on Wednesday, April 24th, Zacks reports. Shareholders 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 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date is Monday, April 29th.

Pizza Pizza Royalty Stock Up 0.1 %

Shares of PZA opened at C$13.39 on Friday. Pizza Pizza Royalty has a 52-week low of C$12.85 and a 52-week high of C$15.52. The company has a market capitalization of C$329.66 million, a PE ratio of 13.95 and a beta of 0.96. The stock has a fifty day simple moving average of C$13.82 and a two-hundred day simple moving average of C$14.09. 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 (TSE:PZA) last issued 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 return on equity of 10.57% and a net margin of 77.02%. The business had revenue of C$163.91 million during the quarter. As a group, equities analysts forecast that Pizza Pizza Royalty will post 1 EPS 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.