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

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.

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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. The company was formerly known as BENEV Capital Inc and changed its name to Diversified Royalty Corp. in October 2014. Diversified Royalty Corp.

Dividend History for Diversified Royalty (TSE:DIV)

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