Diversified Royalty Corp. (TSE:DIV) announced a monthly dividend on Thursday, January 13th, TickerTech reports. Shareholders of record on Monday, January 31st will be paid a dividend of 0.0183 per share on Monday, January 31st. This represents a $0.22 dividend on an annualized basis and a yield of 7.52%. The ex-dividend date is Thursday, January 13th.
Shares of DIV traded up C$0.03 during trading hours on Wednesday, reaching C$2.92. 77,939 shares of the company traded hands, compared to its average volume of 229,957. The company’s fifty day moving average price is C$2.81 and its two-hundred day moving average price is C$2.80. The company has a market capitalization of C$356.97 million and a price-to-earnings ratio of 22.23. The company has a quick ratio of 2.18, a current ratio of 2.25 and a debt-to-equity ratio of 90.42. Diversified Royalty has a 12 month low of C$2.35 and a 12 month high of C$2.99.
Diversified Royalty (TSE:DIV) last posted its quarterly earnings data on Tuesday, November 9th. The company reported C$0.05 EPS for the quarter, topping the consensus estimate of C$0.04 by C$0.01. The business had revenue of C$9.86 million for the quarter, compared to the consensus estimate of C$10.33 million. On average, analysts expect that Diversified Royalty will post 0.15 EPS for the current year.
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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