About Pizza Pizza Royalty Corp. (PZRIF) — Dividend Analysis 2026
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 in Canada. It also distributes food. As of December 31, 2021, the company had 727 restaurants in the royalty pool. Pizza Pizza Royalty Corp. was founded in 1967 and is headquartered in Toronto, Canada.
Is PZRIF a good dividend investment in 2026?
PZRIF offers a 6.24% forward yield with a 50% payout ratio. Strand Safety Score: 75/100 (Safe). The 5-year dividend CAGR of 38.9% demonstrates strong, consistent growth that outpaces inflation.
PZRIF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your PZRIF portfolio grows to $269.6K vs $141.2K without reinvestment. This is the compound interest effect in action.
PZRIF dividend growth history & forecast
PZRIF has grown its dividend by 0% over the last year and 38.9% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 6.24%.
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+0.0B → +0.0B → +0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
Dividend appears safe — fundamentals solid with moderate concerns.
STRAND SCORE
75
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 PZRIF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold PZRIF.
Gross yield
6.24%
Tax rate
15.00%
After-tax yield
5.30%
Real yield (−CPI)
2.50%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
6.24%
3.44%
$624 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.30%
2.50%
$530 / yr
🇺🇸 US Taxable (20%)
20%
4.99%
2.19%
$499 / yr
🇬🇧 UK ISA
0%
6.24%
3.44%
$624 / yr
🇬🇧 UK Taxable
8.75%
5.69%
2.89%
$569 / yr
🇨🇦 TFSA
0%
6.24%
3.44%
$624 / yr
🇨🇦 CA Taxable
25%
4.68%
1.88%
$468 / yr
🇦🇺 Super (pension)
15%
5.30%
2.50%
$530 / yr
🇦🇺 AU Taxable
30%
4.37%
1.57%
$437 / yr
🇩🇪 DE Taxable
26.375%
4.59%
1.79%
$459 / yr
🇫🇷 FR Taxable
30%
4.37%
1.57%
$437 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 PZRIF Income Goal & Break-Even
Dividend Break-Even
7yr
Years for dividends to fully repay your PZRIF investment of $10.79/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$90.1K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$87.7K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in PZRIF for:
Shares needed
41,967
Capital required
$452,824
Monthly income
$2,000
Based on current dividend of $0.67/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 PZRIF Dividend Payment Schedule
PZRIF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$1.43 / payment
$5.72 / year after tax
100 shares
$14.30 / payment
$57.19 / year after tax
1,000 shares
$142.97 / payment
$571.88 / year after tax
📊 PZRIF vs S&P 500 Average Benchmarks
How PZRIF compares to typical S&P 500 Average averages. (Sector "Consumer Cyclical" not matched — using S&P 500 average)
Benchmark: S&P 500 Average
Dividend Yield▲+3.24% vs sectorBetter
PZRIF
6.24%
avg
3.00%
5Y Dividend CAGR▲+33.40% vs sectorBetter
PZRIF
38.90%
avg
5.50%
Payout Ratio▲-8.00% vs sectorBetter
PZRIF
50.00%
avg
58.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for PZRIF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ PZRIF Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-05-07(in 37 days)EPS estimate: $0.17
🔬
Financial Health Scores
Altman Z-Score
3.46
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
6/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the PZRIF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →