Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Tuesday, December 12th, TickerTech reports. Shareholders of record on Friday, December 29th will be given a dividend of 0.0185 per share on Friday, December 29th. This represents a $0.22 annualized dividend and a dividend yield of 6.36%. The ex-dividend date is Tuesday, December 12th.

Diversified Royalty (DIV) traded down C$0.03 during trading hours on Thursday, hitting C$3.49. The company had a trading volume of 158,480 shares, compared to its average volume of 365,161. Diversified Royalty has a twelve month low of C$2.20 and a twelve month high of C$3.60.

DIV has been the subject of several research analyst reports. Pi Financial upped their price target on shares of Diversified Royalty from C$3.25 to C$4.25 and gave the stock a “buy” rating in a report on Monday, November 13th. CIBC upped their target price on shares of Diversified Royalty from C$3.00 to C$3.75 in a report on Tuesday, October 17th.

TRADEMARK VIOLATION WARNING: “Diversified Royalty Corp (DIV) to Issue Monthly Dividend of $0.02” was originally published by American Banking News and is the property of of American Banking News. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/12/07/diversified-royalty-corp-div-to-issue-monthly-dividend-of-0-02.html.

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. The company was formerly known as BENEV Capital Inc and changed its name to Diversified Royalty Corp. in October 2014. Diversified Royalty Corp.

Dividend History for Diversified Royalty (TSE:DIV)

Receive News & Ratings for Diversified Royalty Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diversified Royalty Corp and related companies with MarketBeat.com's FREE daily email newsletter.