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Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. The company owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was incorporated in 1992 and is headquartered in Vancouver, Canada.

Diversified Royalty Dividend Announcement

Diversified Royalty announced a monthly dividend of $0.02 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-15
Diversified Royalty annual dividend for 2024 was $0.14
Diversified Royalty annual dividend for 2023 was $0.18
Diversified Royalty's trailing twelve-month (TTM) dividend yield is 5.55%
Diversified Royalty's payout ratio for the trailing twelve months (TTM) is 100.94%
Diversified Royalty's dividend growth over the last five years (2018-2023) was 9.07% year

Diversified Royalty Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-15$0.02monthly2024-10-31
2024-09-13$0.02monthly2024-09-27
2024-08-15$0.02monthly2024-08-30
2024-07-15$0.02monthly2024-07-31
2024-06-14$0.02monthly2024-06-28
2024-05-14$0.02monthly2024-05-31
2024-04-12$0.01monthly2024-04-30
2024-03-14$0.01monthly2024-03-28
2024-01-12$0.02monthly2024-01-31
2023-12-14$0.02monthly2023-12-29
2023-11-14$0.01monthly2023-11-30
2023-10-13$0.01monthly2023-10-31
2023-09-14$0.01monthly2023-09-29
2023-08-14$0.01monthly2023-08-31
2023-07-13$0.02monthly2023-07-31
2023-06-14$0.02monthly2023-06-30
2023-05-12$0.01monthly2023-05-31
2023-04-13$0.01monthly2023-04-28
2023-03-14$0.01monthly2023-03-31
2023-02-10$0.01monthly2023-02-28
2023-01-13$0.01monthly2023-01-31
2022-12-13$0.01monthly2022-12-30
2022-11-14$0.01monthly2022-11-30
2022-10-13$0.01monthly2022-10-31
2022-09-14$0.01monthly2022-09-29
2022-08-12$0.01monthly2022-08-31
2022-07-14$0.01monthly2022-07-29
2022-06-14$0.01monthly2022-06-30
2022-05-12$0.01monthly2022-05-31
2022-04-13$0.01monthly2022-04-29
2022-02-14$0.01monthly2022-02-28
2022-01-13$0.01monthly2022-01-31
2021-12-14$0.01monthly2021-12-31
2021-11-12$0.01monthly2021-11-30
2021-10-14$0.01monthly2021-10-29
2021-09-14$0.01monthly2021-09-29
2021-08-12$0.01monthly2021-08-31
2021-07-14$0.01monthly2021-07-30
2021-06-14$0.01monthly2021-06-30
2021-05-13$0.01monthly2021-05-31
2021-04-14$0.01monthly2021-04-30
2021-03-12$0.01monthly2021-03-31
2021-02-10$0.01monthly2021-02-26
2021-01-14$0.01monthly2021-01-29
2020-12-14$0.01monthly2020-12-31
2020-11-12$0.01monthly2020-11-30
2020-10-14$0.01monthly2020-10-30
2020-09-14$0.01monthly2020-09-30
2020-08-13$0.01monthly2020-08-31
2020-07-14$0.01monthly2020-07-31
2020-06-12$0.01monthly2020-06-30
2020-05-14$0.01monthly2020-05-29
2020-04-14$0.01monthly2020-04-30
2020-03-13$0.01monthly2020-03-31
2020-02-12$0.01monthly2020-02-28
2020-01-14$0.01monthly2020-01-31
2019-12-12$0.01monthly2019-12-31
2019-11-14$0.01monthly2019-11-29
2019-10-11$0.01monthly2019-10-31
2019-09-13$0.01monthly2019-09-30
2019-08-14$0.01monthly2019-08-30
2019-07-12$0.01monthly2019-07-31
2019-06-13$0.01monthly2019-06-28
2019-02-12$0.01monthly2019-02-28
2019-01-14$0.01monthly2019-01-31
2018-12-12$0.01monthly2018-12-31
2018-11-14$0.00monthly2018-11-30
2018-09-13$0.01monthly2018-09-28
2018-06-14$0.01monthly2018-06-29
2018-05-14$0.01monthly2018-05-31
2018-04-13$0.01monthly2018-04-30
2018-03-14$0.01monthly2018-03-29
2018-02-12$0.01monthly2018-02-28
2018-01-12$0.01monthly2018-01-31
2017-12-12$0.01monthly2017-12-29
2017-11-14$0.01monthly2017-11-30
2017-10-13$0.01monthly2017-10-31
2017-09-14$0.02monthly2017-09-29
2017-08-11$0.01monthly2017-08-31
2017-07-12$0.01monthly2017-07-31
2017-06-13$0.01monthly2017-06-30
2017-05-11$0.01monthly2017-05-31
2017-04-11$0.01monthly2017-04-28
2017-03-13$0.01monthly2017-03-31
2017-02-09$0.01monthly2017-02-28
2017-01-12$0.01monthly2017-01-31
2016-12-12$0.01monthly2016-12-30
2016-11-10$0.01monthly2016-11-30
2016-10-12$0.01monthly2016-10-31
2016-09-13$0.01monthly2016-09-30
2016-08-11$0.01monthly2016-08-31
2016-07-13$0.01monthly2016-07-29
2016-06-13$0.01monthly2016-06-30
2016-05-12$0.01monthly2016-05-31
2016-04-13$0.01monthly2016-04-29
2016-03-11$0.01monthly2016-03-31
2016-02-10$0.01monthly2016-02-29
2016-01-13$0.01monthly2016-01-29
2015-12-16$0.01monthly2015-12-31
2015-11-18$0.01monthly2015-11-30
2015-10-21$0.01monthly2015-10-30
2015-09-21$0.01monthly2015-09-30
2015-08-20$0.01monthly2015-08-31
2015-07-22$0.01monthly2015-07-31
2015-06-19$0.01monthly2015-06-30
2015-05-20$0.01monthly2015-05-29
2015-04-21$0.01monthly2015-04-30
2015-03-20$0.01monthly2015-03-31
2015-02-18$0.01monthly2015-02-27
2015-01-21$0.01monthly2015-01-30
2014-12-18$0.01monthly2014-12-29
2014-11-19$0.01monthly2014-11-28

Diversified Royalty Dividend per year

Diversified Royalty Dividend growth

Diversified Royalty Dividend Yield

Diversified Royalty current trailing twelve-month (TTM) dividend yield is 5.55%. Interested in purchasing Diversified Royalty stock? Use our calculator to estimate your expected dividend yield:

Diversified Royalty Financial Ratios

P/E ratio15.60
PEG ratio0.67
P/B ratio1.70
ROE11.99%
Payout ratio100.94%
Current ratio5.73
Quick ratio5.73
Cash Ratio3.51

Diversified Royalty Dividend FAQ

How much is the next Diversified Royalty dividend?
Diversified Royalty's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Diversified Royalty dividend. The next Diversified Royalty dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is Diversified Royalty dividend paid?
Diversified Royalty pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Diversified Royalty pay?
The specific amount of Diversified Royalty dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Diversified Royalty's dividend history.
Does Diversified Royalty stock pay dividends?
Yes, Diversified Royalty does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Diversified Royalty's dividend history.
How much dividend does Diversified Royalty pay?
Diversified Royalty paid $0.137 in 2024, $0.179 in 2023, $0.157 in 2022, $0.165 in 2021, and $0.155 in 2020.
How often does Diversified Royalty pay dividends?
Diversified Royalty typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is Diversified Royalty's dividend yield?
The current dividend yield for Diversified Royalty is 5.55%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Diversified Royalty's exact dividend yield.
When does Diversified Royalty go ex dividend?
Diversified Royalty's ex-dividend date for the latest dividend was on 2024-10-15. Diversified Royalty typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Diversified Royalty dividend paid?
Diversified Royalty pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will Diversified Royalty increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Diversified Royalty will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Diversified Royalty dividend per share?
Diversified Royalty paid $0.137 per share in 2024 and $0.179 per share in 2023. The amount of dividend per share that Diversified Royalty pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Diversified Royalty a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Diversified Royalty a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Diversified Royalty a dividend stock?
Yes, Diversified Royalty is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Diversified Royalty a good dividend stock?
Whether Diversified Royalty is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Diversified Royalty has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Diversified Royalty as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Diversified Royalty pay dividends monthly?
Diversified Royalty typically pays dividends on a monthly basis.
Does Diversified Royalty pay dividends quarterly?
Diversified Royalty currently pays dividends on a monthly basis.
Has Diversified Royalty ever paid a dividend?
Yes, Diversified Royalty has a history of paying dividends to its shareholders. Diversified Royalty is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Diversified Royalty dividend stocks?
To buy Diversified Royalty you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Diversified Royalty stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Diversified Royalty pay dividends 2024?
Diversified Royalty pays dividends on a monthly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Diversified Royalty increase its dividend in 2024?
Decisions regarding Diversified Royalty dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Diversified Royalty dividend overview you can look into the above table of dividend history.
How Diversified Royalty dividend works?
The Diversified Royalty dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Diversified Royalty's dividend process works:

1. Determination of Dividend: Diversified Royalty's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Diversified Royalty publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Diversified Royalty distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Diversified Royalty are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Diversified Royalty dividends paid?
Diversified Royalty dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Diversified Royalty sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Diversified Royalty distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Diversified Royalty declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Diversified Royalty pay dividends?
Diversified Royalty typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Diversified Royalty pay dividends?
The general pattern is that Diversified Royalty pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Diversified Royalty dividend safe?
The safety of Diversified Royalty's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Diversified Royalty's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Diversified Royalty's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.