Pizza Pizza Royalty Corp. (PZA) To Go Ex-Dividend on October 31st

Pizza Pizza Royalty Corp. (TSE:PZA) announced a monthly dividend on Wednesday, October 23rd, Zacks reports. Shareholders 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 dividend on an annualized basis and a yield of 6.96%. The ex-dividend date of this dividend is Thursday, October 31st.

Pizza Pizza Royalty Trading Up 0.4 %

Shares of PZA stock opened at C$13.45 on Friday. The company has a market cap of C$331.14 million, a PE ratio of 13.72 and a beta of 0.91. The company has a debt-to-equity ratio of 15.66, a quick ratio of 3.03 and a current ratio of 0.20. Pizza Pizza Royalty has a fifty-two week low of C$12.31 and a fifty-two week high of C$15.09. The stock’s fifty day moving average price is C$13.03 and its two-hundred day moving average price is C$13.18.

Pizza Pizza Royalty (TSE:PZA) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.24 EPS for the quarter. Pizza Pizza Royalty had a net margin of 77.86% and a return on equity of 10.60%. The company had revenue of C$155.36 million for the quarter. Equities analysts predict that Pizza Pizza Royalty will post 0.9896142 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, TD Securities lowered their target price on shares of Pizza Pizza Royalty from C$14.00 to C$13.00 and set a “hold” rating for the company in a report on Thursday, August 8th.

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.