Boston Pizza Royalties Income Fund (TSE:BPF.UN) Reaches New 52-Week High – Time to Buy?

Boston Pizza Royalties Income Fund (TSE:BPF.UN)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$23.55 and last traded at C$23.50, with a volume of 17929 shares. The stock had previously closed at C$23.40.

Boston Pizza Royalties Income Fund Price Performance

The stock’s 50-day moving average is C$22.33 and its 200 day moving average is C$21.29. The company has a debt-to-equity ratio of 44.35, a quick ratio of 17.13 and a current ratio of 1.10. The stock has a market capitalization of C$496.86 million, a PE ratio of 13.19 and a beta of 0.62.

Boston Pizza Royalties Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were given a dividend of $0.12 per share. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. Boston Pizza Royalties Income Fund’s payout ratio is 78.31%.

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.