Pizza Pizza Royalty Corp (TSE:PZA) Director Edward Peter Howard Nash acquired 709 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The stock was acquired at an average price of C$14.48 per share, with a total value of C$10,266.32.

Pizza Pizza Royalty Corp (PZA) opened at C$14.74 on Wednesday. Pizza Pizza Royalty Corp has a fifty-two week low of C$13.51 and a fifty-two week high of C$18.24. The stock has a market cap of $353.52, a P/E ratio of 16.66 and a beta of 0.45.

The company also recently declared a monthly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were issued a dividend of $0.071 per share. The ex-dividend date was Tuesday, January 30th. This represents a $0.85 annualized dividend and a yield of 5.78%. Pizza Pizza Royalty’s payout ratio is 90.15%.

Separately, TD Securities dropped their price objective on shares of Pizza Pizza Royalty from C$16.50 to C$16.00 and set a “hold” rating for the company in a report on Friday, March 2nd.

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About Pizza Pizza Royalty

Pizza Pizza Royalty Corp. owns the trademarks and trade names used by Pizza Pizza Limited (PPL) in its Pizza Pizza and Pizza 73 restaurants. PPL operates its Pizza Pizza Restaurants as franchise oriented restaurants and Pizza 73 Restaurants are owned, and operated as independent businesses. It operates through receipt of royalty income from the ownership of the Pizza Pizza and Pizza 73 Rights and Marks segment.

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