Diversified Royalty Corp. (TSE:DIV – Get Free Report) declared a monthly dividend on Thursday, October 15th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.0238 per share on Friday, October 30th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Thursday, October 15th.
Diversified Royalty Price Performance
TSE:DIV opened at C$4.08 on Tuesday. The business’s fifty day moving average price is C$4.17 and its 200 day moving average price is C$4.39. The firm has a market capitalization of C$770.12 million, a price-to-earnings ratio of 24.00 and a beta of 0.95. The company has a current ratio of 0.49, a quick ratio of 1.74 and a debt-to-equity ratio of 212.48. Diversified Royalty has a 1-year low of C$3.41 and a 1-year high of C$4.98.
Diversified Royalty (TSE:DIV – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$0.02 EPS for the quarter. Diversified Royalty had a return on equity of 10.39% and a net margin of 39.72%. The firm had revenue of C$19.48 million during the quarter. On average, sell-side analysts forecast that Diversified Royalty will post 0.20 earnings per share for the current fiscal year.
Insider Buying and Selling at Diversified Royalty
Diversified Royalty Company Profile
DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. DIV, through its subsidiary, Mr. Lube Canada Ltd., also operates the Mr. Lube + Tires franchisor business in Canada. Mr. Lube + Tires is the leading Canadian automotive service chain specializing in fast, drive-in drive-through, no-appointment-needed vehicle maintenance.
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