Diversified Royalty Corp (DIV) Declares $0.02 Monthly Dividend

Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Monday, January 14th, TickerTech reports. Shareholders of record on Thursday, January 31st will be given a dividend of 0.0185 per share on Thursday, January 31st. This represents a $0.22 annualized dividend and a yield of 7.66%. The ex-dividend date of this dividend is Monday, January 14th.

Diversified Royalty stock opened at C$2.90 on Wednesday. The company has a current ratio of 56.60, a quick ratio of 56.53 and a debt-to-equity ratio of 59.23. Diversified Royalty has a 12 month low of C$2.55 and a 12 month high of C$3.74.

Diversified Royalty (TSE:DIV) last released its earnings results on Friday, November 9th. The company reported C$0.03 EPS for the quarter. The company had revenue of C$6.74 million during the quarter. Equities analysts predict that Diversified Royalty will post 0.190000007307693 earnings per share for the current fiscal year.



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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. It primarily holds the Canadian and United States trademarks and other intellectual property rights related to the Original Joe's, Elephant & Castle, and State & Main restaurant businesses.

Further Reading: What is Liquidity?

Dividend History for Diversified Royalty (TSE:DIV)

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