Diversified Royalty Corp to Issue Monthly Dividend of $0.02 (DIV)
Diversified Royalty Corp (TSE:DIV) declared a monthly dividend on Tuesday, November 14th, TickerTech reports. Stockholders of record on Thursday, November 30th will be given a dividend of 0.0185 per share on Thursday, November 30th. This represents a $0.22 annualized dividend and a dividend yield of 6.45%. The ex-dividend date is Tuesday, November 14th.
Diversified Royalty Corp (TSE:DIV) traded up C$0.02 during trading on Thursday, hitting C$3.44. The stock had a trading volume of 172,091 shares, compared to its average volume of 527,761. Diversified Royalty Corp has a one year low of C$2.20 and a one year high of C$3.52.
Separately, CIBC raised their target price on Diversified Royalty Corp from C$3.00 to C$3.75 in a research report on Tuesday, October 17th.
About Diversified Royalty Corp
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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