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Pizza Pizza Royalty (TSX:PZA) 3-Year Dividend Growth Rate

: 9.60% (As of Dec. 2023)
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Pizza Pizza Royalty's Dividends per Share for the three months ended in Dec. 2023 was C$0.23.

The historical rank and industry rank for Pizza Pizza Royalty's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:PZA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.7   Med: 0.95   Max: 41.8
Current: 9.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Pizza Pizza Royalty was 41.80% per year. The lowest was -9.70% per year. And the median was 0.95% per year.

TSX:PZA's 3-Year Dividend Growth Rate is ranked better than
55.56% of 108 companies
in the Restaurants industry
Industry Median: 7.7 vs TSX:PZA: 9.60

During the past 12 months, Pizza Pizza Royalty's average Dividends Per Share Growth Rate was 11.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Pizza Pizza Royalty's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.92. As of today, Pizza Pizza Royalty's Dividend Yield % is 6.83%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pizza Pizza Royalty Corp is 0.93, which seems too high.

Good Sign:

Pizza Pizza Royalty Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison

For the Restaurants subindustry, Pizza Pizza Royalty's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pizza Pizza Royalty 3-Year Dividend Growth Rate Distribution

For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Pizza Pizza Royalty's 3-Year Dividend Growth Rate falls into.


Pizza Pizza Royalty 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Pizza Pizza Royalty  (TSX:PZA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Pizza Pizza Royalty's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.23/ 0.25
=0.92

During the past 13 years, the highest Dividend Payout Ratio of Pizza Pizza Royalty was 1.01. The lowest was 0.85. And the median was 0.94.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pizza Pizza Royalty Corp is 0.93, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Pizza Pizza Royalty Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0782024-03-272024-03-282024-04-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0752023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0752023-09-282023-09-292023-10-13Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0752023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0752023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0752023-06-292023-06-302023-07-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0732023-05-302023-05-312023-06-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0732023-04-272023-04-282023-05-15Cash DividendmonthlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Pizza Pizza Royalty's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.911/13.31
=6.84 %

Current Share Price is C$13.31.
Pizza Pizza Royalty's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.911.

During the past 13 years, the highest Dividend Yield of Pizza Pizza Royalty was 12.83%. The lowest was 1.19%. And the median was 5.80%.

Good Sign:

Pizza Pizza Royalty Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pizza Pizza Royalty 3-Year Dividend Growth Rate Related Terms>

Pizza Pizza Royalty (TSX:PZA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Pizza Pizza Royalty Corp (TSX:PZA) » Definitions » 3-Year Dividend Growth Rate
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Traded in Other Exchanges
PZRIF:USA
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Website
https://www.pizzapizza.ca
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It offers a flavorful, varied, and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions in Canada.