Dividend history
Pizza Pizza Royalty Corp.
PZA.TO
Recent payments
$0.0680CAD
Ex: Sep 29, 2026
Pay: Oct 15
$0.0675CAD
Ex: Aug 31, 2026
Pay: Sep 15
$0.0680CAD
Ex: Jul 31, 2026
Pay: Aug 14
$0.0680CAD
Ex: Jun 30, 2026
$0.0680CAD
Ex: May 29, 2026
$0.0780CAD
Ex: Feb 27, 2026
$0.0780CAD
Ex: Jan 30, 2026
$0.0780CAD
Ex: Dec 31, 2025
Pay: Jan 15
$0.0780CAD
Ex: Nov 28, 2025
Pay: Dec 15
$0.0780CAD
Ex: Oct 31, 2025
Pay: Nov 14
Pizza Pizza Royalty Corp. has raised its monthly dividend.
Pizza Pizza Royalty Corp. (PZA.TO) announced that it will increase its monthly payout from CA$0.0675 to CA$0.068. This change shows the company’s commitment to providing value to its shareholders.
Investor takeaway: The new dividend of CA$0.068 is a small increase over the previous CA$0.0675, marking the second time the company has raised its dividend in its history.
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Pizza Pizza Royalty Corp.
PZA.TO
PZA.TO
Pizza Pizza Royalty Corp.
WealthAwesomeMarket cap
$347.85M
P/E
11.3x
Div. yield
8.82%
Div. / share
$0.91
52W high
$16.10
52W low
$10.10
1W change
-0.29%
Beta
0.63
Analyst Price Targets
Based on analyst covering PZA · as of Sep 17, 2026
Wall Street analysts forecast PZA stock price to rise 16.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$12.00
+16.6% Upside
Current Price
C$10.29
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on PZA's historical volatility
30-Day Vol
21.5%
Annualized
90-Day Vol
18.4%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$8.61
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$9.70 | C$9.00 – C$10.44 |
| 60 trading days | C$9.14 | C$8.23 – C$10.14 |
| 90 trading days | C$8.61 | C$7.57 – C$9.79 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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New Dividend Amount vs Prior
The dividend has gone up by CA$0.0005, which is about 0.74% more than before.
Dividend Details
The new dividend of CA$0.068 will be paid on October 15, 2026, after the ex-dividend date of September 29, 2026. This is the second increase in the company’s dividend over its 36 payments in about 3.1 years.
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Historical Context
Before this increase, Pizza Pizza Royalty Corp. had a monthly dividend of CA$0.0675. The rise to CA$0.068 shows the company’s ongoing efforts to boost shareholder returns and reflects its solid financial position in the consumer discretionary sector.
Dividend calendar
| Ticker | PZA.TO |
| Amount | CA$0.068 |
| Ex-dividend | 2026-09-29 |
| Record | 2026-09-29 |
| Payment | 2026-10-15 |
| Declared | 2026-09-25 |
| Trailing yield | 8.82% |
| Stock page | PZA.TO dividend history |
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