Pizza Pizza Royalty Income Fund announced a cash dividend of $0.0584 per unit for the month of January 2012. The deemed dividend, a portion of which is return of capital, will be eligible for the enhanced dividend tax credit if paid or allocated to a resident of Canada. The dividend will be payable to unit holders of record at the close of business on January 31, 2012, and will be paid on February 15, 2012.