Diversified Royalty Corp. (DIV.TO) (TSE:DIV)’s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $2.19 and traded as low as $2.18. Diversified Royalty Corp. (DIV.TO) shares last traded at $2.23, with a volume of 187,761 shares changing hands.
The company has a quick ratio of 4.20, a current ratio of 4.32 and a debt-to-equity ratio of 81.29. The business has a 50 day simple moving average of C$2.21 and a two-hundred day simple moving average of C$1.95. The firm has a market cap of C$270.74 million and a PE ratio of -46.67.
Diversified Royalty Corp. (DIV.TO) (TSE:DIV) last posted its quarterly earnings results on Monday, November 9th. The company reported C$0.04 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.03 by C$0.01. The company had revenue of C$8.02 million during the quarter, compared to the consensus estimate of C$8.75 million. Equities analysts forecast that Diversified Royalty Corp. will post 0.16 earnings per share for the current year.
The business also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 31st will be paid a $0.0167 dividend. The ex-dividend date is Monday, December 14th. This represents a $0.20 dividend on an annualized basis and a yield of 8.95%. Diversified Royalty Corp. (DIV.TO)’s dividend payout ratio is currently -442.33%.
Diversified Royalty Corp. (DIV.TO) Company Profile (TSE:DIV)
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc and changed its name to Diversified Royalty Corp.
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