Boston Pizza Royalties Income Fund (TSE:BPF.UN) announced a monthly dividend on Thursday, October 18th, TickerTech reports. Shareholders of record on Wednesday, October 31st will be paid a dividend of 0.115 per share on Wednesday, October 31st. This represents a $1.38 dividend on an annualized basis and a dividend yield of 8.04%. The ex-dividend date of this dividend is Thursday, October 18th.
Shares of BPF.UN opened at C$17.16 on Friday. Boston Pizza Royalties Income Fund has a 52 week low of C$19.36 and a 52 week high of C$23.48.
Separately, Acumen Capital reiterated a “buy” rating and issued a C$19.50 price target on shares of Boston Pizza Royalties Income Fund in a research note on Tuesday.
About Boston Pizza Royalties Income Fund
Boston Pizza Royalties Income Fund is a limited purpose open-ended mutual fund trust. The Trust indirectly, through the Boston Pizza Royalties Limited Partnership (Royalties LP), acquires the trademarks and trade names owned by Boston Pizza International Inc (BPI), including Boston Pizza and other related items, logos and designs used in connection with the operation of Boston Pizza restaurants in Canada.
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