Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Tuesday, February 12th, TickerTech reports. Shareholders 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 yield of 7.21%. The ex-dividend date is Tuesday, February 12th.
DIV stock traded up C$0.03 during mid-day 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 stock has a market cap of $328.69 million and a P/E ratio of 27.64. Diversified Royalty has a 12-month low of C$2.55 and a 12-month high of C$3.46. The company has a quick ratio of 56.53, a current ratio of 56.60 and a debt-to-equity ratio of 59.23.
Diversified Royalty (TSE:DIV) last announced its quarterly earnings results on Friday, November 9th. The company reported C$0.03 EPS for the quarter. The company had revenue of C$6.74 million during the quarter. On average, analysts anticipate that Diversified Royalty will post 0.190000006852459 EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: “Diversified Royalty Corp Announces Monthly Dividend of $0.02 (DIV)” was published by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://www.com-unik.info/2019/02/11/diversified-royalty-corp-announces-monthly-dividend-of-0-02-div.html.
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.
See Also: What is the Bid-Ask Spread?
Receive News & Ratings for Diversified Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diversified Royalty and related companies with MarketBeat.com's FREE daily email newsletter.