Pizza Pizza Royalty Corp. announced a 4.2% increase in its monthly dividend which will be effective beginning with the January 2013 dividend. On an annual basis the dividend will increase from $0.72 to $0.75 per share.

For the period January 1, 2013 to January 31, 2013, the dividend per share will increase to $0.0625 from $0.06 and will be payable February 15, 2013 to shareholders of record at the close of business on January 31, 2013.