Diversified Royalty Corp (DIV) to Issue $0.02 Monthly Dividend
Diversified Royalty Corp (TSE:DIV) declared a monthly dividend on Tuesday, February 12th, TickerTech reports. Shareholders of record on Thursday, February 28th will be given a dividend of 0.0185 per share on Thursday, February 28th. This represents a $0.22 dividend on an annualized basis and a yield of 7.21%. The ex-dividend date is Tuesday, February 12th.
Shares of TSE DIV traded up C$0.03 during trading on Monday, hitting C$3.08. The company had a trading volume of 144,938 shares, compared to its average volume of 149,111. The company has a quick ratio of 56.53, a current ratio of 56.60 and a debt-to-equity ratio of 59.23. Diversified Royalty has a 12 month low of C$2.55 and a 12 month high of C$3.46. The company has a market capitalization of $328.69 million and a P/E ratio of 28.00.
Diversified Royalty (TSE:DIV) last posted its quarterly earnings data on Friday, November 9th. The company reported C$0.03 EPS for the quarter. The company had revenue of C$6.74 million during the quarter. Research analysts anticipate that Diversified Royalty will post 0.190000006852459 EPS for the current year.
TRADEMARK VIOLATION WARNING: This article was first reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another publication, it was illegally copied and reposted in violation of international copyright and trademark legislation. The original version of this article can be read at https://www.dailypolitical.com/2019/02/11/diversified-royalty-corp-div-to-issue-0-02-monthly-dividend.html.
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It primarily holds the Canadian and United States trademarks and other intellectual property rights related to the Original Joe's, Elephant & Castle, and State & Main restaurant businesses.
Read More: What is a Derivative?
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.