Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Wednesday, March 14th, TickerTech reports. Shareholders of record on Thursday, March 29th will be given a dividend of 0.0185 per share on Thursday, March 29th. This represents a $0.22 dividend on an annualized basis and a yield of 6.87%. The ex-dividend date is Wednesday, March 14th.
Shares of Diversified Royalty (DIV) traded down C$0.02 on Friday, reaching C$3.23. The company’s stock had a trading volume of 34,896 shares, compared to its average volume of 155,403. Diversified Royalty has a 12 month low of C$2.20 and a 12 month high of C$3.74. The stock has a market cap of $346.07, a price-to-earnings ratio of 36.11 and a beta of 0.64.
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. The company was formerly known as BENEV Capital Inc and changed its name to Diversified Royalty Corp. in October 2014. Diversified Royalty Corp.
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