Boston Pizza Royalties Income Fund (TSE:BPF.UN) had its price objective upped by Acumen Capital from C$13.00 to C$14.50 in a research note released on Thursday, BayStreet.CA reports.
BPF.UN opened at C$13.33 on Thursday. Boston Pizza Royalties Income Fund has a 1-year low of C$5.34 and a 1-year high of C$13.75. The stock’s fifty day simple moving average is C$13.15 and its 200 day simple moving average is C$11.25. The company has a current ratio of 1.21, a quick ratio of 1.20 and a debt-to-equity ratio of 46.66. The stock has a market cap of C$290.43 million and a PE ratio of 79.82.
The firm also recently declared a monthly dividend, which was paid on Friday, April 30th. Investors of record on Friday, April 30th were paid a $0.065 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 5.85%. The ex-dividend date of this dividend was Tuesday, April 20th. Boston Pizza Royalties Income Fund’s dividend payout ratio (DPR) is presently 277.84%.
Boston Pizza Royalties Income Fund operates as a limited purpose open-ended trust. The company, indirectly through Boston Pizza Royalties Limited Partnership, owns trademarks and trade names used by Boston Pizza International Inc It operates as a franchisor of casual dining pizza and pasta restaurants.
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