Pizza Pizza Royalty Corp.

TSX:PZA Stock Report

Market Cap: CA$429.8m

Pizza Pizza Royalty Dividends and Buybacks

Dividend criteria checks 4/6

Pizza Pizza Royalty is a dividend paying company with a current yield of 7.12%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.

Key information

7.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth1.5%
Next dividend pay date15 Jan 25
Ex dividend date31 Dec 24
Dividend per shareCA$0.930
Payout ratio98%

Recent dividend and buyback updates

Recent updates

Pizza Pizza Royalty (TSE:PZA) Will Pay A Dividend Of CA$0.0675

Aug 23
Pizza Pizza Royalty (TSE:PZA) Will Pay A Dividend Of CA$0.0675

Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.068

Jun 28
Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.068

Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.065

Mar 24
Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.065

Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 24
Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year

Pizza Pizza Royalty (TSE:PZA) Has Re-Affirmed Its Dividend Of CA$0.06

Dec 24
Pizza Pizza Royalty (TSE:PZA) Has Re-Affirmed Its Dividend Of CA$0.06

Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.06

Nov 21
Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.06

Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.06

Sep 24
Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.06

Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 21
Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year

Pizza Pizza Royalty (TSE:PZA) Is Due To Pay A Dividend Of CA$0.055

Jun 22
Pizza Pizza Royalty (TSE:PZA) Is Due To Pay A Dividend Of CA$0.055

Upcoming Dividend Payment

TodayDec 21 2024Ex Dividend DateDec 31 2024Dividend Pay DateJan 15 202515 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PZA's dividends per share have been stable in the past 10 years.

Growing Dividend: PZA's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Pizza Pizza Royalty Dividend Yield vs Market
How does PZA dividend yield compare to the market?
SegmentDividend Yield
Company (PZA)7.1%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.4%
Industry Average (Hospitality)3.5%
Analyst forecast (PZA) (up to 3 years)n/a

Notable Dividend: PZA's dividend (7.12%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).

High Dividend: PZA's dividend (7.12%) is in the top 25% of dividend payers in the Canadian market (6.45%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (97.6%), PZA's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (97.4%), PZA's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:03
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pizza Pizza Royalty Corp. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher RankinCanaccord Genuity
Derek LessardTD Cowen
Derek LessardTD Securities