BPZZF (Boston Pizza Royaltiesome Fund) Dividend Payout Ratio: 0.43 (As of Mar. 2026) — 60% Below Median

What is Boston Pizza Royaltiesome Fund Dividend Payout Ratio?

Boston Pizza Royaltiesome Fund BPZZF 76 Dividend Payout Ratio is 0.43 as of Mar. 2026, which is 60% below its 10-year median of 1.08. GuruFocus rates BPZZF with a GF Score™ of 76/100 and a GF Value™ of $13.22 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 166 Restaurants companies, Boston Pizza Royaltiesome Fund ranks worse than 86.14% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Boston Pizza Royaltiesome Fund's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.43.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Boston Pizza Royalties Income Fund is 1.06, which seems too high.

The historical rank and industry rank for Boston Pizza Royaltiesome Fund's Dividend Payout Ratio or its related term are showing as below:

BPZZF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.08 Max: 1.53
Current: 1.06

During the past 13 years, the highest Dividend Payout Ratio of Boston Pizza Royaltiesome Fund was 1.53. The lowest was 0.75. And the median was 1.08.

BPZZF's Dividend Payout Ratio is ranked worse than
86.14% of 166 companies
in the Restaurants industry
Industry Median: 0.39 vs BPZZF: 1.06

As of today (2026-07-08), the Dividend Yield % of Boston Pizza Royaltiesome Fund is 6.23%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Boston Pizza Royaltiesome Fund was 21.63%. The lowest was 3.34%. And the median was 6.93%.

Boston Pizza Royaltiesome Fund's Dividends per Share for the months ended in Mar. 2026 was $0.18.

During the past 12 months, Boston Pizza Royaltiesome Fund's average Dividends Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Boston Pizza Royaltiesome Fund was 40.00% per year. The lowest was -30.50% per year. And the median was 2.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Boston Pizza Royaltiesome Fund (OTCPK:BPZZF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Boston Pizza Royaltiesome Fund Dividend Payout Ratio Related Terms

Boston Pizza Royaltiesome Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Boston Pizza Royaltiesome Fund's Dividend Payout Ratio can be seen below:

* 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.

Boston Pizza Royaltiesome Fund Dividend Payout Ratio Chart

Boston Pizza Royaltiesome Fund Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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1.08

0.89

0.95

1.11

1.21

Boston Pizza Royaltiesome Fund Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.99	1.49	1.16	1.97	0.43

BPZZF vs MCD, SBUX, YUM: Dividend Payout Ratio Comparison

For the Restaurants subindustry, Boston Pizza Royaltiesome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Boston Pizza Royaltiesome Fund Dividend Payout Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Boston Pizza Royaltiesome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Boston Pizza Royaltiesome Fund's Dividend Payout Ratio falls into.

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76GF Score

Boston Pizza Royalties Income Fund BPZZF

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Boston Pizza Royaltiesome Fund Dividend Payout Ratio Calculation

Boston Pizza Royaltiesome Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	1.022	/	0.843
	=	1.21

Boston Pizza Royaltiesome Fund's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.175	/	0.41
	=	0.43

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.43 mean?

Boston Pizza Royaltiesome Fund (BPZZF) has a Dividend Payout Ratio of 0.43 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Boston Pizza Royaltiesome Fund and its competitors. This is 60% below median its historical median of 1.08. Over the past decade, Boston Pizza Royaltiesome Fund's Dividend Payout Ratio has ranged from 0.75 to 1.53. According to the industry distribution chart, Boston Pizza Royaltiesome Fund ranks #143 out of 166 companies in the Restaurants industry, placing it in the top 86.1%.

Is Boston Pizza Royaltiesome Fund's Dividend Payout Ratio too high?

Boston Pizza Royaltiesome Fund's current Dividend Payout Ratio of 0.43 is 60% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.53. The Restaurants industry median Dividend Payout Ratio is 0.39. Boston Pizza Royaltiesome Fund's value of 0.43 is 10.3% above this industry median. Based on the distribution chart, Boston Pizza Royaltiesome Fund ranks #143 out of 166 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Boston Pizza Royaltiesome Fund has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Boston Pizza Royaltiesome Fund's Dividend Payout Ratio compare to MCD and SBUX?

According to the Restaurants industry distribution chart, Boston Pizza Royaltiesome Fund ranks #143 out of 166 companies for Dividend Payout Ratio. This places Boston Pizza Royaltiesome Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Boston Pizza Royaltiesome Fund's value of 0.43 is 10.3% above this benchmark. Historically, Boston Pizza Royaltiesome Fund's own Dividend Payout Ratio has ranged from 0.75 to 1.53 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.39, Boston Pizza Royaltiesome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Restaurants company?

The median Dividend Payout Ratio among Restaurants companies is 0.39, based on 166 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boston Pizza Royaltiesome Fund's current Dividend Payout Ratio of 0.43 is 10.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Boston Pizza Royaltiesome Fund and its competitors. For the Restaurants industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boston Pizza Royaltiesome Fund's current Dividend Payout Ratio is 0.43, which is 60% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Boston Pizza Royaltiesome Fund stock overvalued right now?

Based on GuruFocus' analysis, Boston Pizza Royaltiesome Fund (BPZZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.22, compared to a current price of $16.80 — trading 27.1% above its estimated fair value. The current Dividend Payout Ratio is 0.43, which is 60% below median its 10-year median of 1.08 and 10.3% above the Restaurants industry median of 0.39. Boston Pizza Royaltiesome Fund's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Boston Pizza Royaltiesome Fund (BPZZF), the current Dividend Payout Ratio is 0.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Boston Pizza Royaltiesome Fund (BPZZF) Overvalued in 2026?

Based on GuruFocus' analysis, Boston Pizza Royaltiesome Fund stock appears to be overvalued. The current stock price of $16.80 is trading 27.1% above its estimated GF Value™ of $13.22. GuruFocus considers Boston Pizza Royaltiesome Fund to be Modestly Overvalued.

Key valuation signals for BPZZF:

Dividend Payout Ratio: 0.43 (60% below median its 10-year median of 1.08)
GF Value™: $13.22 vs. price of $16.80 (27.1% above fair value)
GF Score™: 76/100 with 8 warning signs
Industry Position: 10.3% above the Restaurants median (#143 of 166)

No single metric tells the full story. See the BPZZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Boston Pizza Royaltiesome Fund Business Description

Industry Consumer Cyclical Restaurants

Comparable Companies TSX:PZA TSX:SRV.UN TSX:AW TSX:MTY TSX:AEG TSXV:BRED MCD SBUX LSE:CPG YUM CMG TSX:QSR DRI TSX:QSP.UN YUMC TXRH DPZ BROS CAVA LKNCY

Other Exchanges J8M:Germany BPF.UN:Canada

Address 201 - 13571 Commerce Parkway, Richmond, BC, CAN, V6V 2R2

Website https://www.bpincomefund.com

Boston Pizza Royalties Income Fund is a limited-purpose open-ended trust. It receives royalties from Boston Pizza Inc on the franchise sales of Boston Pizza Restaurants. The trust distributes all available cash from operations to unitholders of the trust to the maximum extent possible.

76GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.80

Price

$13.22

GF Value

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