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

Pizza Pizza Royalty Corp. (TSE:PZA) declared a monthly dividend on Tuesday, May 21st, Zacks reports. Stockholders of record on Friday, May 31st will be given a dividend of 0.078 per share on Friday, June 14th. This represents a $0.94 annualized dividend and a dividend yield of 7.04%. The ex-dividend date of this dividend is Friday, May 31st.

Pizza Pizza Royalty Price Performance

PZA stock opened at C$13.29 on Thursday. The company has a current ratio of 3.09, a quick ratio of 3.03 and a debt-to-equity ratio of 15.61. Pizza Pizza Royalty has a one year low of C$12.85 and a one year high of C$15.52. The firm has a market capitalization of C$327.20 million, a PE ratio of 13.84 and a beta of 0.95. The firm has a 50-day moving average of C$13.51 and a two-hundred day moving average of C$14.10.

Pizza Pizza Royalty (TSE:PZA) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C$0.26 EPS for the quarter. Pizza Pizza Royalty had a net margin of 77.82% and a return on equity of 10.63%. The company had revenue of C$163.91 million during the quarter. On average, analysts forecast that Pizza Pizza Royalty will post 1 earnings per share for the current year.

About Pizza Pizza Royalty

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.