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

Pizza Pizza Royalty Corp. (TSE:PZA) announced a monthly dividend on Friday, July 26th, Zacks reports. Investors 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 yield of 6.91%. The ex-dividend date is Wednesday, July 31st.

Pizza Pizza Royalty Stock Performance

PZA stock traded up C$0.09 during trading on Tuesday, hitting C$13.55. The company had a trading volume of 6,451 shares, compared to its average volume of 28,301. The firm has a market cap of C$333.60 million, a PE ratio of 14.11 and a beta of 0.95. 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 has a 1-year low of C$12.80 and a 1-year high of C$15.52. The firm has a 50-day moving average price of C$13.18 and a 200-day moving average price of C$13.69.

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

Pizza Pizza Royalty Company Profile

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.