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 5.57%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-15 | $0.02 | monthly | 2024-10-31 |
2024-09-13 | $0.02 | monthly | 2024-09-27 |
2024-08-15 | $0.02 | monthly | 2024-08-30 |
2024-07-15 | $0.02 | monthly | 2024-07-31 |
2024-06-14 | $0.02 | monthly | 2024-06-28 |
2024-05-14 | $0.02 | monthly | 2024-05-31 |
2024-04-12 | $0.01 | monthly | 2024-04-30 |
2024-03-14 | $0.01 | monthly | 2024-03-28 |
2024-01-12 | $0.02 | monthly | 2024-01-31 |
2023-12-14 | $0.02 | monthly | 2023-12-29 |
2023-11-14 | $0.01 | monthly | 2023-11-30 |
2023-10-13 | $0.01 | monthly | 2023-10-31 |
2023-09-14 | $0.01 | monthly | 2023-09-29 |
2023-08-14 | $0.01 | monthly | 2023-08-31 |
2023-07-13 | $0.02 | monthly | 2023-07-31 |
2023-06-14 | $0.02 | monthly | 2023-06-30 |
2023-05-12 | $0.01 | monthly | 2023-05-31 |
2023-04-13 | $0.01 | monthly | 2023-04-28 |
2023-03-14 | $0.01 | monthly | 2023-03-31 |
2023-02-10 | $0.01 | monthly | 2023-02-28 |
2023-01-13 | $0.01 | monthly | 2023-01-31 |
2022-12-13 | $0.01 | monthly | 2022-12-30 |
2022-11-14 | $0.01 | monthly | 2022-11-30 |
2022-10-13 | $0.01 | monthly | 2022-10-31 |
2022-09-14 | $0.01 | monthly | 2022-09-29 |
2022-08-12 | $0.01 | monthly | 2022-08-31 |
2022-07-14 | $0.01 | monthly | 2022-07-29 |
2022-06-14 | $0.01 | monthly | 2022-06-30 |
2022-05-12 | $0.01 | monthly | 2022-05-31 |
2022-04-13 | $0.01 | monthly | 2022-04-29 |
2022-02-14 | $0.01 | monthly | 2022-02-28 |
2022-01-13 | $0.01 | monthly | 2022-01-31 |
2021-12-14 | $0.01 | monthly | 2021-12-31 |
2021-11-12 | $0.01 | monthly | 2021-11-30 |
2021-10-14 | $0.01 | monthly | 2021-10-29 |
2021-09-14 | $0.01 | monthly | 2021-09-29 |
2021-08-12 | $0.01 | monthly | 2021-08-31 |
2021-07-14 | $0.01 | monthly | 2021-07-30 |
2021-06-14 | $0.01 | monthly | 2021-06-30 |
2021-05-13 | $0.01 | monthly | 2021-05-31 |
2021-04-14 | $0.01 | monthly | 2021-04-30 |
2021-03-12 | $0.01 | monthly | 2021-03-31 |
2021-02-10 | $0.01 | monthly | 2021-02-26 |
2021-01-14 | $0.01 | monthly | 2021-01-29 |
2020-12-14 | $0.01 | monthly | 2020-12-31 |
2020-11-12 | $0.01 | monthly | 2020-11-30 |
2020-10-14 | $0.01 | monthly | 2020-10-30 |
2020-09-14 | $0.01 | monthly | 2020-09-30 |
2020-08-13 | $0.01 | monthly | 2020-08-31 |
2020-07-14 | $0.01 | monthly | 2020-07-31 |
2020-06-12 | $0.01 | monthly | 2020-06-30 |
2020-05-14 | $0.01 | monthly | 2020-05-29 |
2020-04-14 | $0.01 | monthly | 2020-04-30 |
2020-03-13 | $0.01 | monthly | 2020-03-31 |
2020-02-12 | $0.01 | monthly | 2020-02-28 |
2020-01-14 | $0.01 | monthly | 2020-01-31 |
2019-12-12 | $0.01 | monthly | 2019-12-31 |
2019-11-14 | $0.01 | monthly | 2019-11-29 |
2019-10-11 | $0.01 | monthly | 2019-10-31 |
2019-09-13 | $0.01 | monthly | 2019-09-30 |
2019-08-14 | $0.01 | monthly | 2019-08-30 |
2019-07-12 | $0.01 | monthly | 2019-07-31 |
2019-06-13 | $0.01 | monthly | 2019-06-28 |
2019-02-12 | $0.01 | monthly | 2019-02-28 |
2019-01-14 | $0.01 | monthly | 2019-01-31 |
2018-12-12 | $0.01 | monthly | 2018-12-31 |
2018-11-14 | $0.00 | monthly | 2018-11-30 |
2018-09-13 | $0.01 | monthly | 2018-09-28 |
2018-06-14 | $0.01 | monthly | 2018-06-29 |
2018-05-14 | $0.01 | monthly | 2018-05-31 |
2018-04-13 | $0.01 | monthly | 2018-04-30 |
2018-03-14 | $0.01 | monthly | 2018-03-29 |
2018-02-12 | $0.01 | monthly | 2018-02-28 |
2018-01-12 | $0.01 | monthly | 2018-01-31 |
2017-12-12 | $0.01 | monthly | 2017-12-29 |
2017-11-14 | $0.01 | monthly | 2017-11-30 |
2017-10-13 | $0.01 | monthly | 2017-10-31 |
2017-09-14 | $0.02 | monthly | 2017-09-29 |
2017-08-11 | $0.01 | monthly | 2017-08-31 |
2017-07-12 | $0.01 | monthly | 2017-07-31 |
2017-06-13 | $0.01 | monthly | 2017-06-30 |
2017-05-11 | $0.01 | monthly | 2017-05-31 |
2017-04-11 | $0.01 | monthly | 2017-04-28 |
2017-03-13 | $0.01 | monthly | 2017-03-31 |
2017-02-09 | $0.01 | monthly | 2017-02-28 |
2017-01-12 | $0.01 | monthly | 2017-01-31 |
2016-12-12 | $0.01 | monthly | 2016-12-30 |
2016-11-10 | $0.01 | monthly | 2016-11-30 |
2016-10-12 | $0.01 | monthly | 2016-10-31 |
2016-09-13 | $0.01 | monthly | 2016-09-30 |
2016-08-11 | $0.01 | monthly | 2016-08-31 |
2016-07-13 | $0.01 | monthly | 2016-07-29 |
2016-06-13 | $0.01 | monthly | 2016-06-30 |
2016-05-12 | $0.01 | monthly | 2016-05-31 |
2016-04-13 | $0.01 | monthly | 2016-04-29 |
2016-03-11 | $0.01 | monthly | 2016-03-31 |
2016-02-10 | $0.01 | monthly | 2016-02-29 |
2016-01-13 | $0.01 | monthly | 2016-01-29 |
2015-12-16 | $0.01 | monthly | 2015-12-31 |
2015-11-18 | $0.01 | monthly | 2015-11-30 |
2015-10-21 | $0.01 | monthly | 2015-10-30 |
2015-09-21 | $0.01 | monthly | 2015-09-30 |
2015-08-20 | $0.01 | monthly | 2015-08-31 |
2015-07-22 | $0.01 | monthly | 2015-07-31 |
2015-06-19 | $0.01 | monthly | 2015-06-30 |
2015-05-20 | $0.01 | monthly | 2015-05-29 |
2015-04-21 | $0.01 | monthly | 2015-04-30 |
2015-03-20 | $0.01 | monthly | 2015-03-31 |
2015-02-18 | $0.01 | monthly | 2015-02-27 |
2015-01-21 | $0.01 | monthly | 2015-01-30 |
2014-12-18 | $0.01 | monthly | 2014-12-29 |
2014-11-19 | $0.01 | monthly | 2014-11-28 |
Diversified Royalty Dividend per year
Diversified Royalty Dividend growth
Diversified Royalty Dividend Yield
Diversified Royalty current trailing twelve-month (TTM) dividend yield is 5.57%. Interested in purchasing Diversified Royalty stock? Use our calculator to estimate your expected dividend yield:
Diversified Royalty Financial Ratios
Diversified Royalty Dividend FAQ
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.
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.
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.
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.
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.