Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Monday, February 12th, TickerTech reports. Investors of record on Wednesday, February 28th will be paid a dividend of 0.0185 per share on Wednesday, February 28th. This represents a $0.22 dividend on an annualized basis and a yield of 6.65%. The ex-dividend date of this dividend is Monday, February 12th.
Shares of Diversified Royalty (TSE:DIV) traded up C$0.04 during trading on Wednesday, reaching C$3.34. The company had a trading volume of 163,530 shares, compared to its average volume of 183,862. Diversified Royalty has a fifty-two week low of C$2.20 and a fifty-two week high of C$3.74. The company has a market cap of $344.30, a PE ratio of 37.11 and a beta of 0.63.
Diversified Royalty (TSE:DIV) last announced its quarterly earnings results on Thursday, November 9th. The company reported C$0.03 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of C$0.03. Diversified Royalty had a return on equity of 5.29% and a net margin of 59.32%.
In other news, Director Mitchell Harold Gropper sold 28,500 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of C$3.45, for a total transaction of C$98,325.00.
About Diversified Royalty
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.
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