Diversified Royalty Corp (DIV) to Issue Monthly Dividend of $0.02

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.

Separately, Pi Financial upped their price target on Diversified Royalty from C$3.25 to C$4.25 and gave the company a “buy” rating in a research report on Monday, November 13th.

COPYRIGHT VIOLATION NOTICE: “Diversified Royalty Corp (DIV) to Issue Monthly Dividend of $0.02” was first published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at https://stocknewstimes.com/2018/02/18/diversified-royalty-corp-div-to-issue-monthly-dividend-of-0-02-on-february-28th-2.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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diversified Royalty and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply