Diversified Royalty Corp.

DIV

CA2553311002

Entertainment Production

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
2.78 ^CAD	0.00%		-0.36%	+1.83%

Apr. 03	Diversified Royalty Corp. Announces April 2024 Cash Dividend, Payable on April 30, 2024	CI
Mar. 26	News Highlights : Top Financial Services News of the Day - Tuesday at 11 AM ET	DJ

Diversified Royalty Corp. Approves Raises in Annual Dividend Policy

October 04, 2023 at 05:24 pm EDT

Diversified Royalty Corp. announced that board of directors has approved an increase in DIV's annual dividend policy from 24.0 cents per share to 24.5 cents per share effective November 1, 2023, an increase of 2.1%. DIV estimates its pro-forma payout ratio will be approximately 84.7% with $50 million drawn on its Acquisition Facility.

Latest news about Diversified Royalty Corp.

Diversified Royalty Corp. Announces April 2024 Cash Dividend, Payable on April 30, 2024	Apr. 03	CI
News Highlights : Top Financial Services News of the Day - Tuesday at 11 AM ET	Mar. 26	DJ
Diversified Royalty Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 21	CI
Diversified Royalty Q4 Loss Widens Despite Revenue Gains	Mar. 21	MT
Diversified Royalty Corp Brief: Adjusted revenue of $17.7 million in Q4 2023	Mar. 21	MT
North American Morning Briefing : Investors Continue to Cheer Reassuring Fed	Mar. 21	DJ
Diversified Royalty Corp Brief: Confirming annual dividend has increased from $0.245 per share to $0.25 per share effective March 1, 2024 as previously announced on February 14, 2024	Mar. 04	MT
Diversified Royalty Corp. Announces March 2024 Cash Dividend, Payable on March 28, 2024	Mar. 04	CI
Diversified Royalty Upsizes Bought Deal Financing to $47 Million	Feb. 15	MT
Diversified Royalty Corp. Announces $40 Million Bought Deal Public Offering Of Common Shares And 2% Dividend Increase	Feb. 14	MT
Diversified Royalty Corp Brief: Announcing $40 Million Bought Deal Public Offering of Common Shares and a 2.0% Dividend Increase	Feb. 14	MT
Diversified Royalty Corp. Announces February 2024 Cash Dividend, Payable on February 29, 2024	Feb. 05	CI
Diversified Royalty Corp. Announces January 2024 Cash Dividend, Payable on January 31, 2024	Jan. 03	CI
Diversified Royalty Provides Update on Sutton Group Realty, Oxford Learning Centres	Dec. 12	MT
Diversified Royalty Corp. Announces December 2023 Cash Dividend, Payable on December 29, 2023	Dec. 04	CI
Diversified Royalty Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Diversified Royalty Corp. Announces Cash Dividend for the month ending November 30, 2023, Payable on November 30, 2023	Nov. 02	CI
News Highlights : Top Financial Services News of the Day	23-10-09	DJ
North American Morning Briefing : Stock Futures, Bonds Steady Ahead of More Jobs Data	23-10-05	DJ
Transcript : Diversified Royalty Corp., Project Verde Limited - M&A Call	23-10-04
Diversified Royalty Acquires BarBurrito Trademarks for C$72 Million	23-10-04	MT
Diversified Royalty Corp. Approves Cash Dividend for the Period of October 1, 2023 to October 31, 2023, Payable on October 31, 2023	23-10-04	CI
Diversified Royalty Corp. Approves Raises in Annual Dividend Policy	23-10-04	CI
Diversified Royalty Corp. Announces September 2023 Cash Dividend, Payable on September 29, 2023	23-09-05	CI
Diversified Royalty Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI

Chart Diversified Royalty Corp.

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Company Profile

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations across Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is North Americaâs growing home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is a franchised supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is a quick-service Mexican restaurant chain.

Sector

Entertainment Production

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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Ratings for Diversified Royalty Corp.

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.78 CAD

Average target price

3.93 CAD

Spread / Average Target

+41.37%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

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