Pizza Pizza (TSE:PZA.UN)

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Company: Pizza Pizza (TSE:PZA.UN)
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  Pizza Pizza (PZA.UN-T)/Bulls/Protection from expenses, high growing dividend, brand awareness

Pizza Pizza Royalty Trust makes its income by earning a royalty of 6% of the revenue of the Pizza Pizza operating company. That means the Trust is protected from the expenses of the operating company so, for example, it does not need to worry about rises in wages or in the price of ingredients. The dividend yield is north of 12% at the current unit price, and Pizza Pizza has probably been the most recognized pizza brand in Canada for several decades.

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