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Boston Pizza Royalties Income Fund (TSE:BPF.UN) announced a Monthly dividend on Monday, May 19th, ARN reports. Shareholders of record on Friday, May 30th will be paid a dividend of 0.102 per share on Friday, May 30th. This represents a dividend yield of 6.03%. The ex-dividend date is Monday, May 19th.

BPF.UN has been the subject of a number of recent research reports. Analysts at LB Securities reiterated a “buy” rating on shares of Boston Pizza Royalties Income Fund in a research note on Thursday. They now have a C$22.25 price target on the stock, down previously from C$23.50. Analysts at Laurentian cut their price target on shares of Boston Pizza Royalties Income Fund from C$23.50 to C$22.25 in a research note on Thursday. They now have a “buy” rating on the stock.

Boston Pizza Royalties Income Fund (TSE:BPF) is a Canada-based limited purpose open-ended trust established to acquire indirectly, through Boston Pizza Royalties Limited Partnership and Boston Pizza Holdings Trust, the Canadian trademarks owned by Boston Pizza International Inc (BPI) and used in connection with the operation of the Boston Pizza restaurants in Canada (collectively the BP Rights).

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