Diversified Royalty Corp Declares Monthly Dividend of $0.02 (DIV)

Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Tuesday, February 12th, TickerTech reports. Stockholders of record on Thursday, February 28th will be paid a dividend of 0.0185 per share on Thursday, February 28th. This represents a $0.22 annualized dividend and a dividend yield of 7.21%. The ex-dividend date of this dividend is Tuesday, February 12th.

Shares of Diversified Royalty stock traded up C$0.03 during midday trading on Monday, hitting C$3.08. The company had a trading volume of 144,938 shares, compared to its average volume of 149,111. The company has a market cap of $328.69 million and a price-to-earnings ratio of 28.00. The company has a current ratio of 56.60, a quick ratio of 56.53 and a debt-to-equity ratio of 59.23. Diversified Royalty has a 1-year low of C$2.55 and a 1-year high of C$3.46.

Diversified Royalty (TSE:DIV) last announced its quarterly earnings data on Friday, November 9th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$6.74 million during the quarter. As a group, research analysts forecast that Diversified Royalty will post 0.190000006852459 earnings per share for the current fiscal year.

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Diversified Royalty Company Profile

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It primarily holds the Canadian and United States trademarks and other intellectual property rights related to the Original Joe's, Elephant & Castle, and State & Main restaurant businesses.

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Dividend History for Diversified Royalty (TSE:DIV)

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