Pizza Pizza Royalty Corp, bearing the ticker symbol (PZRIF), has never been mentioned  as a candidate for any of my previous seven stock portfolios. This mention for Viking is its first.

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The company was founded in 1967 and is headquartered in Toronto, Canada

Three key data points gauge PizzaPizza Royalty Corp or any dividend-paying firm. They are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

PZRIF Price

Over the past year, PZRIF’s price per share increased about 4.8% from $10.18 to $11.10 as of Wednesday’s market close.

If PZRIF’s stock trades in the range of $9.00 to $11.00 this next year, its recent $9.33 share price might get up to $10.00 by next year. Of course, PZRIF price could go down about the same $1.40 amount, or more.

My upside estimate of $1.40 is about $0.10 below the average of PZRIF’s annual price increases over the past three years.

PZRIF Dividend

Pizza Pizza Royalty Corp’s recent $0.05 monthly dividend pans out to $0.60 annually to yield 5.41% at Wednesday’s closing price.

PZRIF Returns

Adding the $0.60 projected annual dividend to my estimated $1.30 price upside, reveals a $1.90 potential gross gain per share for the coming year.

At Wednesday’s $11.10 closing price, a little under $1000 would buy 90 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.11 per share.

Subtract that maybe $0.11 brokerage cost from my estimated $1.90 gross gain per share makes a net gain amounting to $1.79 X 90 shares = $161.10 or a 16.1% net gain.

In the next year our $1K investment in shares of PZRIF could generate about $54.10 in dividends. Furthermore, a single share of PZRIF stock at Wednesday’s $11.10  closing price is near one-fifth the income estimated from $1000.00 invested.

So, by my dogcatcher ideal, this may be the time to buy Pizza Pizza Royalty Corp  based on its estimated dividends for 2023. The dividend from $1k invested is 4.87 times greater than the PZZRIF single-share price. Consider yourself alerted.

This may be a time to pounce on Pizza Pizza Royalty Corp. But beware, its price is range-bound, and over $2.50 below its all time $13.71 high posted in March of 2017.

The foregoing article is based on the past history of Pizza Pizza Royalty Corp. The only true measure of future performance is from active investment in the company.

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