CA - Boston Pizza: 8.5% Yielding Royalty Play Looks Attractive
2024-03-17 23:21:29 ET
Summary
- Boston Pizza's total returns have outperformed the S&P 500 with lower volatility.
- The company has seen a contraction in the number of restaurants but a 40% increase in total sales since 2021.
- We examine the setup to see if we can get behind this 8.5% yielder.
Note:
1) All amounts referenced are in Canadian dollars.
2) YCharts yields are a bit off as they take total dividends paid over the previous 12 months and don't compute the forward yield. But this still works for our comparisons. ...
Boston Pizza: 8.5% Yielding Royalty Play Looks Attractive