Declared Dividend • Jun 24
Dividend of CA$0.068 announced Shareholders will receive a dividend of CA$0.068. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 7.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio) nor is it adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control, which is more than the 4.7% EPS growth achieved over the last 5 years. Announcement • Jun 18
Pizza Pizza Royalty Corp. Announces June 2026 Cash Dividend, Payable on July 15, 2026 Pizza Pizza Royalty Corp. announced monthly June 2026 cash dividend of CAD 0.0675 per share payable on July 15, 2026. The dividend will be payable to shareholders of record at the close of business June 30, 2026. Declared Dividend • May 20
Dividend of CA$0.068 announced Shareholders will receive a dividend of CA$0.068. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 7.2%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio) nor is it adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control, which is more than the 4.7% EPS growth achieved over the last 5 years. Announcement • May 17
Pizza Pizza Royalty Corp. Announces May Dividend, Payable on June 15, 2026 Pizza Pizza Royalty Corp. announced an update regarding its business operations and its impact on the monthly dividend. Due to continuing pressure on consumer discretionary spending, softening demand, and a highly competitive promotional environment, System Sales for the Pizza Pizza and Pizza 73 brands have experienced a decline. This decrease in sales has led to a reduction in the Company's royalty income. In response to these market conditions, the Company has announced its monthly dividend will be reduced from $0.0775 per share to $0.0675 per share beginning with the May 2026 dividend. The dividend will be payable to shareholders of record at the close of business on May 29, 2026, and will be paid on June 15, 2026. For tax purposes, the 2026 dividend will be considered a taxable eligible dividend. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: CA$0.22 (vs CA$0.23 in 1Q 2025) First quarter 2026 results: EPS: CA$0.22 (down from CA$0.23 in 1Q 2025). Revenue: CA$9.39m (down 3.5% from 1Q 2025). Net income: CA$7.43m (down 4.5% from 1Q 2025). Profit margin: 79% (in line with 1Q 2025). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Hospitality industry in Canada. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Buy Or Sell Opportunity • May 04
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to CA$13.85. The fair value is estimated to be CA$19.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Declared Dividend • Apr 26
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 30th April 2026 Payment date: 15th May 2026 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 10.0% to bring the payout ratio under control, which is more than the 4.0% EPS growth achieved over the last 5 years. Announcement • Apr 24
Pizza Pizza Royalty Corp. announces Monthly dividend, payable on May 15, 2026 Pizza Pizza Royalty Corp. announced Monthly dividend of CAD 0.0775 per share payable on May 15, 2026, ex-date on April 30, 2026 and record date on April 30, 2026. Announcement • Apr 22
Pizza Pizza Royalty Corp. to Report Q1, 2026 Results on May 01, 2026 Pizza Pizza Royalty Corp. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 01, 2026 Announcement • Apr 09
Pizza Pizza Royalty Corp., Annual General Meeting, Jun 09, 2026 Pizza Pizza Royalty Corp., Annual General Meeting, Jun 09, 2026. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: CA$0.94 (vs CA$0.94 in FY 2024) Full year 2025 results: EPS: CA$0.94. Revenue: CA$40.8m (up 2.5% from FY 2024). Net income: CA$31.3m (up 1.2% from FY 2024). Profit margin: 77% (down from 78% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 69% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Hospitality industry in Canada. Buy Or Sell Opportunity • Mar 26
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.7% to CA$15.15. The fair value is estimated to be CA$20.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 3.2%. Declared Dividend • Mar 23
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 10.0% to bring the payout ratio under control, which is more than the 3.5% EPS growth achieved over the last 5 years. Announcement • Mar 20
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for March 2026, Payable on April 15, 2026 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for March 2026. The dividend will be payable to shareholders of record at the close of business March 31, 2026, and will be paid on April 15, 2026. Announcement • Mar 19
Pizza Pizza Royalty Corp. to Report Q4, 2025 Results on Mar 25, 2026 Pizza Pizza Royalty Corp. announced that they will report Q4, 2025 results After-Market on Mar 25, 2026 Buy Or Sell Opportunity • Mar 11
Now 20% undervalued Over the last 90 days, the stock has risen 2.2% to CA$15.84. The fair value is estimated to be CA$19.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 3.2%. Announcement • Feb 25
Pizza Pizza Royalty Corp. Announces February Cash Dividend, Payable on March 13, 2026 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for February 2026. The dividend will be payable to shareholders of record at the close of business February 27, 2026, and will be paid on March 13, 2026. Declared Dividend • Jan 29
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 30th January 2026 Payment date: 13th February 2026 Dividend yield will be 5.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 10.0% to bring the payout ratio under control, which is more than the 3.5% EPS growth achieved over the last 5 years. Announcement • Jan 27
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for January 2026, Payable on February 13, 2026 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for January 2026. The dividend will be payable to shareholders of record at the close of business January 30, 2026, and will be paid on February 13, 2026. Buy Or Sell Opportunity • Jan 21
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at CA$16.06. The fair value is estimated to be CA$20.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 3.2%. Declared Dividend • Dec 27
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 10.0% to bring the payout ratio under control, which is more than the 3.5% EPS growth achieved over the last 5 years. Announcement • Dec 25
Pizza Pizza Royalty Corp. announces Monthly dividend, payable on January 15, 2026 Pizza Pizza Royalty Corp. announced Monthly dividend of CAD 0.0775 per share payable on January 15, 2026, ex-date on December 31, 2025 and record date on December 31, 2025. Declared Dividend • Nov 26
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 28th November 2025 Payment date: 15th December 2025 Dividend yield will be 6.2%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 10.0% to bring the payout ratio under control, which is more than the 3.5% EPS growth achieved over the last 5 years. Announcement • Nov 22
Pizza Pizza Royalty Corp. Announces Monthly Dividend for November 2025, Payable on December 15, 2025 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for November 2025. The dividend will be payable to shareholders of record at the close of business November 28, 2025, and will be paid on December 15, 2025. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: CA$0.23 (vs CA$0.23 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.23. Revenue: CA$10.2m (up 1.9% from 3Q 2024). Net income: CA$7.70m (flat on 3Q 2024). Profit margin: 76% (down from 77% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Hospitality industry in Canada. Declared Dividend • Oct 20
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st October 2025 Payment date: 14th November 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 9.7% to bring the payout ratio under control, which is more than the 2.6% EPS growth achieved over the last 5 years. Buy Or Sell Opportunity • Oct 09
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at CA$15.41. The fair value is estimated to be CA$19.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 4.9%. Declared Dividend • Sep 28
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 6.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 9.7% to bring the payout ratio under control, which is more than the 2.6% EPS growth achieved over the last 5 years. Announcement • Sep 25
Pizza Pizza Royalty Corp. Announces September Dividend, Payable on October 15, 2025 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for September 2025. The dividend will be payable to shareholders of record at the close of business September 29, 2025, and will be paid on October 15, 2025. Declared Dividend • Aug 28
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 29th August 2025 Payment date: 15th September 2025 Dividend yield will be 5.7%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 9.7% to bring the payout ratio under control, which is more than the 2.6% EPS growth achieved over the last 5 years. Announcement • Aug 27
Pizza Pizza Royalty Corp. announces Monthly dividend, payable on September 15, 2025 Pizza Pizza Royalty Corp. announced Monthly dividend of CAD 0.0775 per share payable on September 15, 2025, ex-date on August 29, 2025 and record date on August 29, 2025. Reported Earnings • Aug 10
Second quarter 2025 earnings released: EPS: CA$0.24 (vs CA$0.23 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.24 (up from CA$0.23 in 2Q 2024). Revenue: CA$10.3m (up 3.8% from 2Q 2024). Net income: CA$7.87m (up 2.7% from 2Q 2024). Profit margin: 76% (in line with 2Q 2024). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Hospitality industry in Canada. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Declared Dividend • Jul 27
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st July 2025 Payment date: 15th August 2025 Dividend yield will be 5.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control, which is more than the 2.1% EPS growth achieved over the last 5 years. Declared Dividend • Jun 25
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 6.2%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control, which is more than the 2.1% EPS growth achieved over the last 5 years. Announcement • Jun 21
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for the Month of June 2025, Payable on July 15, 2025 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for June 2025. The dividend will be payable to shareholders of record at the close of business June 30, 2025, and will be paid on July 15, 2025. Declared Dividend • May 29
Dividend of CA$0.077 announced Dividend of CA$0.077 is the same as last year. Ex-date: 30th May 2025 Payment date: 13th June 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control, which is more than the 2.1% EPS growth achieved over the last 5 years. Announcement • May 27
Pizza Pizza Royalty Corp., Annual General Meeting, Jun 13, 2025 Pizza Pizza Royalty Corp., Annual General Meeting, Jun 13, 2025. Announcement • May 26
Pizza Pizza Royalty Corp. Announces Dividend for the Month of May 2025, Payable on June 13, 2025 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for May 2025. The dividend will be payable to shareholders of record at the close of business May 30, 2025, and will be paid on June 13, 2025. For tax purposes, the 2025 dividend will be considered a taxable eligible dividend. The Company announced that its Annual Meeting of Shareholders will take place via live virtual audio webcast at 10:00 a.m. (Eastern Time) on June 13, 2025. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: CA$0.23 (vs CA$0.23 in 1Q 2024) First quarter 2025 results: EPS: CA$0.23. Revenue: CA$9.73m (up 1.9% from 1Q 2024). Net income: CA$7.78m (flat on 1Q 2024). Profit margin: 80% (down from 81% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 75% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Canada. Buy Or Sell Opportunity • May 08
Now 21% undervalued Over the last 90 days, the stock has risen 9.4% to CA$14.27. The fair value is estimated to be CA$18.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 8.5%. Declared Dividend • Apr 25
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 30th April 2025 Payment date: 15th May 2025 Dividend yield will be 6.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 9.8% to bring the payout ratio under control, which is more than the 1.7% EPS growth achieved over the last 5 years. Price Target Changed • Apr 02
Price target increased by 7.7% to CA$14.00 Up from CA$13.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CA$13.41. Stock is down 0.07% over the past year. The company posted earnings per share of CA$0.94 last year. Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: CA$0.94 (vs CA$0.96 in FY 2023) Full year 2024 results: EPS: CA$0.94 (down from CA$0.96 in FY 2023). Revenue: CA$39.8m (down 1.0% from FY 2023). Net income: CA$31.0m (flat on FY 2023). Profit margin: 78% (in line with FY 2023). Revenue is forecast to grow 70% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Hospitality industry in Canada. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 17
Pizza Pizza Royalty Corp. to Report Q4, 2024 Results on Mar 31, 2025 Pizza Pizza Royalty Corp. announced that they will report Q4, 2024 results After-Market on Mar 31, 2025 Declared Dividend • Mar 16
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 7.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 8.5% to bring the payout ratio under control, which is more than the 2.3% EPS growth achieved over the last 5 years. Announcement • Mar 12
Pizza Pizza Royalty Corp. announces Monthly dividend, payable on April 15, 2025 Pizza Pizza Royalty Corp. announced Monthly dividend of CAD 0.0775 per share payable on April 15, 2025, ex-date on March 31, 2025 and record date on March 31, 2025. Declared Dividend • Feb 27
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 28th February 2025 Payment date: 14th March 2025 Dividend yield will be 7.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 8.5% to bring the payout ratio under control, which is more than the 2.3% EPS growth achieved over the last 5 years. Announcement • Feb 25
Pizza Pizza Royalty Corp. Announces February Dividend, Payable on March 14, 2025 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for February 2025. The dividend will be payable to shareholders of record at the close of business February 28, 2025, and will be paid on March 14, 2025. Declared Dividend • Jan 26
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st January 2025 Payment date: 14th February 2025 Dividend yield will be 7.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 8.5% to bring the payout ratio under control, which is more than the 2.3% EPS growth achieved over the last 5 years. Announcement • Jan 23
Pizza Pizza Royalty Corp. Announces January Dividend, Payable on February 14, 2025 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for January 2025. The dividend will be payable to shareholders of record at the close of business January 31, 2025, and will be paid on February 14, 2025. Declared Dividend • Dec 22
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 7.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 8.5% to bring the payout ratio under control, which is more than the 2.3% EPS growth achieved over the last 5 years. Announcement • Dec 19
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for December 2024, Payable on January 15, 2025 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for December 2024. The dividend will be payable to shareholders of record at the close of business December 31, 2024, and will be paid on January 15, 2025. Declared Dividend • Nov 27
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 7.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 8.5% to bring the payout ratio under control, which is more than the 2.3% EPS growth achieved over the last 5 years. Announcement • Nov 23
Pizza Pizza Royalty Corp. Announces November Dividend, Payable on December 13, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for November 2024. The dividend will be payable to shareholders of record at the close of business November 29, 2024, and will be paid on December 13, 2024. Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: CA$0.23 (vs CA$0.25 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.23 (down from CA$0.25 in 3Q 2023). Revenue: CA$9.97m (down 4.4% from 3Q 2023). Net income: CA$7.67m (down 4.7% from 3Q 2023). Profit margin: 77% (in line with 3Q 2023). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Canada. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Oct 27
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 6.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 5.8% to bring the payout ratio under control, which is more than the 2.5% EPS growth achieved over the last 5 years. Announcement • Oct 25
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for October 2024, Payable on November 15, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for October 2024. The dividend will be payable to shareholders of record at the close of business October 31, 2024, and will be paid on November 15, 2024. Announcement • Oct 24
Pizza Pizza Royalty Corp. to Report Q3, 2024 Results on Nov 04, 2024 Pizza Pizza Royalty Corp. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Declared Dividend • Sep 22
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 7.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 5.8% to bring the payout ratio under control, which is more than the 2.5% EPS growth achieved over the last 5 years. Announcement • Sep 19
Pizza Pizza Royalty Corp. Announces September 2024 Dividend, Payable on October 15, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for September 2024. The dividend will be payable to shareholders of record at the close of business September 27, 2024, and will be paid on October 15, 2024. Declared Dividend • Aug 28
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 7.2%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 5.8% to bring the payout ratio under control, which is more than the 2.5% EPS growth achieved over the last 5 years. Announcement • Aug 26
Pizza Pizza Royalty Corp. Announces August 2024 Dividend, Payable on September 13, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for August 2024. The dividend will be payable to shareholders of record at the close of business August 30, 2024, and will be paid on September 13, 2024. Price Target Changed • Aug 11
Price target decreased by 7.1% to CA$13.00 Down from CA$14.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CA$12.91. Stock is down 15% over the past year. The company posted earnings per share of CA$0.96 last year. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: CA$0.23 (vs CA$0.24 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.23 (down from CA$0.24 in 2Q 2023). Revenue: CA$9.97m (down 1.6% from 2Q 2023). Net income: CA$7.66m (down 1.5% from 2Q 2023). Profit margin: 77% (in line with 2Q 2023). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Hospitality industry in Canada. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jun 24
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 7.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 3.6% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years. Announcement • Jun 22
Pizza Pizza Royalty Corp. Announces Monthly Dividend for the Month of June 2024, Payable on July 15, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for June 2024. The dividend will be payable to shareholders of record at the close of business June 28, 2024, and will be paid on July 15, 2024. Declared Dividend • May 24
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 6.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 3.6% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years. Announcement • May 23
Pizza Pizza Royalty Corp. Announces Cash Dividend for May 2024, Payable on June 14, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for May 2024. The dividend will be payable to shareholders of record at the close of business May 31, 2024, and will be paid on June 14, 2024. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: CA$0.23 (vs CA$0.22 in 1Q 2023) First quarter 2024 results: EPS: CA$0.23 (up from CA$0.22 in 1Q 2023). Revenue: CA$9.55m (up 4.6% from 1Q 2023). Net income: CA$7.75m (up 9.1% from 1Q 2023). Profit margin: 81% (up from 78% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year. Declared Dividend • Apr 28
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 29th April 2024 Payment date: 15th May 2024 Dividend yield will be 6.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 2.9% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years. Announcement • Apr 28
Pizza Pizza Royalty Corp. to Report Q1, 2024 Results on May 09, 2024 Pizza Pizza Royalty Corp. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Announcement • Apr 27
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for April 2024, Payable on May 15, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for April 2024. The dividend will be payable to shareholders of record at the close of business April 30, 2024, and will be paid on May 15, 2024. For tax purposes, the 2024 dividend will be considered a taxable eligible dividend. Announcement • Mar 26
Pizza Pizza Royalty Corp., Annual General Meeting, May 31, 2024 Pizza Pizza Royalty Corp., Annual General Meeting, May 31, 2024. Declared Dividend • Mar 20
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 6.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 2.9% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years. Announcement • Mar 20
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for March 2024, Payable on April 15, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for March 2024. The dividend will be payable to shareholders of record at the close of business March 28, 2024, and will be paid on April 15, 2024. Reported Earnings • Mar 07
Full year 2023 earnings released: EPS: CA$0.96 (vs CA$0.86 in FY 2022) Full year 2023 results: EPS: CA$0.96 (up from CA$0.86 in FY 2022). Revenue: CA$40.2m (up 10% from FY 2022). Net income: CA$31.0m (up 12% from FY 2022). Profit margin: 77% (up from 76% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 70% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Hospitality industry in Canada. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year. Declared Dividend • Feb 26
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 28th February 2024 Payment date: 15th March 2024 Dividend yield will be 6.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 2.2% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years. Announcement • Feb 23
Pizza Pizza Royalty Corp. to Report Q4, 2023 Results on Mar 06, 2024 Pizza Pizza Royalty Corp. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024 Announcement • Feb 22
Pizza Pizza Royalty Corp. Announces February Dividend, Payable on March 15, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for February 2024. The dividend will be payable to shareholders of record at the close of business February 29, 2024, and will be paid on March 15, 2024. Declared Dividend • Jan 25
Dividend of CA$0.077 announced Shareholders will receive a dividend of CA$0.077. Ex-date: 30th January 2024 Payment date: 15th February 2024 Dividend yield will be 6.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 2.2% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years. Announcement • Jan 23
Pizza Pizza Royalty Corp. Announces Its Monthly Cash Dividend for January 2024, Payable on February 15, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for January 2024. The dividend will be payable to shareholders of record at the close of business January 31, 2024, and will be paid on February 15, 2024. Announcement • Dec 21
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for December 2023, Payable on January 15, 2024 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.0775 per share for December 2023. The dividend will be payable to shareholders of record at the close of business December 29, 2023, and will be paid on January 15, 2024. For tax purposes, the 2023 dividend will be considered a taxable eligible dividend. Upcoming Dividend • Nov 24
Upcoming dividend of CA$0.077 per share at 6.4% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio and cash payout ratio are on the higher end at 92% and 97% respectively. Trailing yield: 6.4%. Lower than top quartile of Canadian dividend payers (6.7%). Higher than average of industry peers (3.2%). Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: CA$0.25 (vs CA$0.23 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.25 (up from CA$0.23 in 3Q 2022). Revenue: CA$10.4m (up 9.2% from 3Q 2022). Net income: CA$8.05m (up 11% from 3Q 2022). Profit margin: 77% (up from 76% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 08
Pizza Pizza Royalty Corp. Declares Monthly Dividend, Payable on December 15, 2023 Pizza Pizza Royalty Corp. announced a 3.3% increase to its monthly cash dividend, from $0.075 per share to $0.0775 per share, effective November 2023. The dividend will be payable to shareholders of record at the close of business November 30, 2023, and will be paid on December 15, 2023. Announcement • Oct 21
Pizza Pizza Royalty Corp. to Report Q3, 2023 Results on Nov 07, 2023 Pizza Pizza Royalty Corp. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Announcement • Sep 21
Pizza Pizza Royalty Corp. Announces Dividend for the September 2023, Payable on October 13, 2023 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.075 per share for September 2023. The dividend will be payable to shareholders of record at the close of business September 29, 2023, and will be paid on October 13, 2023. Upcoming Dividend • Aug 23
Upcoming dividend of CA$0.075 per share at 6.1% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio and cash payout ratio are on the higher end at 92% and 97% respectively. Trailing yield: 6.1%. Lower than top quartile of Canadian dividend payers (6.2%). Higher than average of industry peers (3.1%). Announcement • Aug 17
Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for August 2023, Payable on September 15, 2023 Pizza Pizza Royalty Corp. announced its monthly cash dividend of $0.075 per share for August 2023. The dividend will be payable to shareholders of record at the close of business August 31, 2023, and will be paid on September 15, 2023. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: CA$0.24 (vs CA$0.21 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.24 (up from CA$0.21 in 2Q 2022). Revenue: CA$10.1m (up 11% from 2Q 2022). Net income: CA$7.78m (up 13% from 2Q 2022). Profit margin: 77% (up from 76% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in Canada. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 18
Pizza Pizza Royalty Corp. to Report Q2, 2023 Results on Aug 10, 2023 Pizza Pizza Royalty Corp. announced that they will report Q2, 2023 results After-Market on Aug 10, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.075 per share at 6.0% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio and cash payout ratio are on the higher end at 92% and 96% respectively. Trailing yield: 6.0%. Lower than top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (2.9%).