Diversified Royalty Corp.

Diversified Royalty Corp.verified

DIV.TO

Price:

$2.92

Market Cap:

$441.56M

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.[Read more]

Industry

Conglomerates

IPO Date

1998-06-03

Stock Exchange

TSX

Ticker

DIV.TO

The Dividend Yield as of September 2024 (TTM) for Diversified Royalty Corp. (DIV.TO) is 8.47%

According to Diversified Royalty Corp.’s latest financial reports and current stock price. The company's current Dividend Yield is 8.47%. This represents a change of 336.60% compared to the average of 1.94% of the last 4 quarters.

Diversified Royalty Corp. (DIV.TO) Historical Dividend Yield (quarterly & annually)

How has DIV.TO Dividend Yield performed in the past?

The mean historical Dividend Yield of Diversified Royalty Corp. over the last ten years is 6.59%. The current 8.47% Dividend Yield has changed 28.51% with respect to the historical average. Over the past ten years (40 quarters), DIV.TO's Dividend Yield was at its highest in in the March 2020 quarter at 3.03%. The Dividend Yield was at its lowest in in the September 2014 quarter at 0%.

Quarterly (TTM)
Annual

Average

6.59%

Median

6.77%

Minimum

1.74%

Maximum

8.45%

Diversified Royalty Corp. (DIV.TO) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Diversified Royalty Corp. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Dividend Yield = 8.45%

Minimum Annual Increase = -30.03%

Minimum Annual Dividend Yield = 1.74%

Quarterly (TTM)
Annual
YearDividend YieldChange
20237.73%18.04%
20226.54%1.71%
20216.43%-23.05%
20208.36%46.81%
20195.70%-18.48%
20186.99%21.29%
20175.76%-30.03%
20168.23%-2.58%
20158.45%386.36%
20141.74%Infinity%

Diversified Royalty Corp. (DIV.TO) Average Dividend Yield

How has DIV.TO Dividend Yield performed in the past?

The current Dividend Yield of Diversified Royalty Corp. (DIV.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.90%

5-year avg

6.95%

10-year avg

6.59%

Diversified Royalty Corp. (DIV.TO) Dividend Yield vs. Peers

How is DIV.TO’s Dividend Yield compared to its peers?

Diversified Royalty Corp.’s Dividend Yield is less than True North Commercial Real Estate Investment Trust (0.38%), less than Chemtrade Logistics Income Fund (6.19%), less than Pizza Pizza Royalty Corp. (7.09%), less than Exchange Income Corporation (5.18%), less than Slate Office REIT (5.63%),

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