Diversified Royalty (TSE:DIV) is scheduled to be announcing its earnings results after the market closes on Thursday, March 29th. Analysts expect the company to announce earnings of C$0.04 per share for the quarter.
Shares of DIV stock opened at C$3.28 on Tuesday. The stock has a market cap of $346.07, a PE ratio of 36.44 and a beta of 0.64. Diversified Royalty has a twelve month low of C$2.20 and a twelve month high of C$3.74.
The company also recently announced a monthly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 29th will be issued a $0.0185 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $0.22 annualized dividend and a dividend yield of 6.77%. Diversified Royalty’s dividend payout ratio (DPR) is presently 247.20%.
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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