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

Pizza Pizza Royalty Corp. (TSE:PZA) declared a monthly dividend on Friday, July 26th, Zacks reports. Stockholders of record on Wednesday, July 31st will be paid a dividend of 0.078 per share on Thursday, August 15th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.92%. The ex-dividend date is Wednesday, July 31st.

Pizza Pizza Royalty Price Performance

TSE PZA traded up C$0.06 during mid-day trading on Tuesday, hitting C$13.52. The stock had a trading volume of 6,978 shares, compared to its average volume of 28,305. Pizza Pizza Royalty has a 52-week low of C$12.80 and a 52-week high of C$15.52. The company has a market cap of C$332.86 million, a price-to-earnings ratio of 14.11 and a beta of 0.95. The company has a 50 day simple moving average of C$13.18 and a 200 day simple moving average of C$13.69. The company has a quick ratio of 3.03, a current ratio of 3.09 and a debt-to-equity ratio of 15.61.

Pizza Pizza Royalty (TSE:PZA) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.23 earnings per share for the quarter. Pizza Pizza Royalty had a return on equity of 10.63% and a net margin of 77.82%. The firm had revenue of C$148.90 million during the quarter. Equities analysts forecast that Pizza Pizza Royalty will post 1 EPS for the current fiscal 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.