Pizza Pizza Royalty Corp. (TSE:PZA - Get Free Report) announced a monthly dividend on Wednesday, October 23rd, Zacks reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.078 per share on Friday, November 15th. This represents a $0.94 annualized dividend and a dividend yield of 6.93%. The ex-dividend date is Thursday, October 31st.
Pizza Pizza Royalty Stock Up 0.4 %
TSE:PZA traded up C$0.06 during mid-day trading on Friday, reaching C$13.51. The stock had a trading volume of 26,580 shares, compared to its average volume of 39,055. The stock has a market cap of C$332.62 million, a P/E ratio of 13.79 and a beta of 0.91. The business's 50 day moving average is C$13.05 and its 200 day moving average is C$13.18. The company has a debt-to-equity ratio of 15.66, a current ratio of 0.20 and a quick ratio of 3.03. Pizza Pizza Royalty has a fifty-two week low of C$12.31 and a fifty-two week high of C$15.09.
Pizza Pizza Royalty (TSE:PZA - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$0.24 earnings per share for the quarter. Pizza Pizza Royalty had a net margin of 77.86% and a return on equity of 10.60%. The business had revenue of C$155.36 million for the quarter. As a group, sell-side analysts predict that Pizza Pizza Royalty will post 0.9896142 earnings per share for the current year.
Analyst Upgrades and Downgrades
Separately, TD Securities decreased their price target on Pizza Pizza Royalty from C$14.00 to C$13.00 and set a "hold" rating for the company in a research note on Thursday, August 8th.
Check Out Our Latest Research Report on Pizza Pizza Royalty
About Pizza Pizza Royalty
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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.
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