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

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.

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About Diversified Royalty

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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