Boston Pizza Royalties Income Fund (TSE:BPF.UN) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Boston Pizza Royalties Income Fund (TSE:BPF.UN) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$17.39 and traded as low as C$17.38. Boston Pizza Royalties Income Fund shares last traded at C$17.47, with a volume of 32,593 shares.

Boston Pizza Royalties Income Fund Trading Up 0.4 %

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 company has a market cap of C$371.76 million, a price-to-earnings ratio of 14.81 and a beta of 1.56. The firm has a 50-day moving average price of C$17.38 and a 200 day moving average price of C$17.39.

Boston Pizza Royalties Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 28th will be given a dividend of $0.115 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.38 dividend on an annualized basis and a yield of 7.90%. Boston Pizza Royalties Income Fund’s dividend payout ratio is currently 115.25%.

Boston Pizza Royalties Income Fund Company Profile

Boston Pizza Royalties Income Fund operates as a limited purpose open-ended trust. The company, indirectly through Boston Pizza Royalties Limited Partnership, owns trade-marks used by Boston Pizza International Inc It operates and franchises Boston Pizza restaurants. The company was founded in 1964 and is based in Richmond, Canada.