Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Monday, February 12th, TickerTech reports. Stockholders 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 annualized dividend and a dividend yield of 6.63%. The ex-dividend date is Monday, February 12th.
Shares of Diversified Royalty (TSE DIV) opened at C$3.35 on Friday. Diversified Royalty has a 52-week low of C$2.20 and a 52-week high of C$3.74. The firm has a market capitalization of $355.99, a PE ratio of 37.22 and a beta of 0.63.
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.
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.
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