A Yield to Caution

PIZZA PIZZA ROYALTY INCOME CORP. $9.77 (Toronto symbol PZA; Shares o/s: 24.6 million; Market cap: $240.3 million; Dividend yield: 8.8%; www.pizzapizza.ca) holds certain trademarks and trade names used by Pizza Pizza restaurants in Canada.
Those exclusive names are licensed to Pizza Pizza for 99 years. In return, it… Read More