Diversified Royalty Corp (TSE:DIV) declared a monthly dividend on Wednesday, March 14th, TickerTech reports. Investors of record on Thursday, March 29th will be given a dividend of 0.0185 per share on Thursday, March 29th. This represents a $0.22 annualized dividend and a yield of 6.81%. The ex-dividend date of this dividend is Wednesday, March 14th.
Diversified Royalty (TSE DIV) traded up C$0.01 on Friday, reaching C$3.26. The company had a trading volume of 53,931 shares, compared to its average volume of 165,227. The firm has a market cap of $347.13, a PE ratio of 36.22 and a beta of 0.64. Diversified Royalty has a 1 year low of C$2.20 and a 1 year high of C$3.74.
In other news, Director Mitchell Harold Gropper sold 28,500 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of C$3.45, for a total value of C$98,325.00.
Separately, Pi Financial lifted their price target on Diversified Royalty from C$3.25 to C$4.25 and gave the stock a “buy” rating in a report on Monday, November 13th.
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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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