DIV.TO - Diversified Royalty Corp.

Toronto - Toronto Delayed Price. Currency in CAD
2.9300
+0.0600 (+2.09%)
At close: 4:00PM EDT
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Previous Close2.8700
Open2.8700
Bid2.9200 x 0
Ask2.9300 x 0
Day's Range2.8600 - 2.9300
52 Week Range2.5500 - 3.2800
Volume153,830
Avg. Volume189,435
Market Cap318.063M
Beta (3Y Monthly)1.08
PE Ratio (TTM)32.56
EPS (TTM)0.0900
Earnings DateNov 7, 2019 - Nov 11, 2019
Forward Dividend & Yield0.22 (7.78%)
Ex-Dividend Date2019-09-13
1y Target Est4.16
  • Is Diversified Royalty Corp. (TSE:DIV) Investing Effectively In Its Business?
    Simply Wall St.

    Is Diversified Royalty Corp. (TSE:DIV) Investing Effectively In Its Business?

    Today we are going to look at Diversified Royalty Corp. (TSE:DIV) to see whether it might be an attractive investment...

  • GlobeNewswire

    Diversified Royalty Corp. Announces September 2019 Cash Dividend

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01854 per common share for the period of September 1, 2019 to September 30, 2019, which is equal to $0.2225 per common share on an annualized basis. The dividend will be paid on September 30, 2019 to shareholders of record on September 16, 2019. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America.

  • Don't Sell Diversified Royalty Corp. (TSE:DIV) Before You Read This
    Simply Wall St.

    Don't Sell Diversified Royalty Corp. (TSE:DIV) Before You Read This

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll...

  • Why It Might Not Make Sense To Buy Diversified Royalty Corp. (TSE:DIV) For Its Upcoming Dividend
    Simply Wall St.

    Why It Might Not Make Sense To Buy Diversified Royalty Corp. (TSE:DIV) For Its Upcoming Dividend

    Diversified Royalty Corp. (TSE:DIV) is about to trade ex-dividend in the next 3 days. You will need to purchase shares...

  • GlobeNewswire

    Diversified Royalty Corp. Announces AIR MILES® Leadership Changes

    VANCOUVER, British Columbia, Aug. 09, 2019 -- Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) announced today that Bryan A. Pearson has departed as.

  • GlobeNewswire

    Diversified Royalty Corp. Announces Second Quarter Results

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended June 30, 2019 (“Q2 2019”) and six months ended June 30, 2019. Acquired the trademarks and certain related other intellectual property rights (the “MRM Rights”) utilized by Mr. Mikes Restaurants Corporation (“Mr. Mikes”) in their restaurant business on May 20, 2019. Mr. Lube Canada Limited Partnership (“Mr. Lube”) added four new stores to the Mr. Lube royalty pool, which increased from 118 to 122 locations on May 1, 2019.

  • GlobeNewswire

    Diversified Royalty Corp. Announces August 2019 Cash Dividend

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01854 per common share for the period of August 1, 2019 to August 31, 2019, which is equal to $0.2225 per common share on an annualized basis. The dividend will be paid on August 30, 2019 to shareholders of record on August 15, 2019. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America.

  • GlobeNewswire

    Diversified Royalty Corp. Announces Preliminary Q2 2019 Results for Mr. Lube, AIR MILES, Sutton and Mr. Mikes

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce preliminary results for Mr. Lube, AIR MILES®, Sutton and Mr. Mikes for the three months ended June 30, 2019 (“Q2 2019”). Mr. Lube Canada Limited Partnership (“Mr. Lube”) generated same-store-sales-growth (“SSSG”) of 4.2% for the Mr. Lube stores in the royalty pool for Q2 2019, compared to SSSG of 3.2% for the three months ended June 30, 2018 (“Q2 2018”).

  • Is Diversified Royalty Corp.'s (TSE:DIV) CEO Paid Enough Relative To Peers?
    Simply Wall St.

    Is Diversified Royalty Corp.'s (TSE:DIV) CEO Paid Enough Relative To Peers?

    In 2013 Sean Morrison was appointed CEO of Diversified Royalty Corp. (TSE:DIV). First, this article will compare CEO...

  • GlobeNewswire

    Diversified Royalty Corp. Announces July 2019 Cash Dividend, Q2 2019 Earnings Release Date and Closing of $10.3 Million Credit Facility

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01854 per common share for the period of July 1, 2019 to July 31, 2019, which is equal to $0.2225 per common share on an annualized basis. DIV will release earnings results for the three and six months ended June 30, 2019 following the closing of regular trading on the Toronto Stock Exchange on August 8, 2019.

  • Know This Before Buying Diversified Royalty Corp. (TSE:DIV) For Its Dividend
    Simply Wall St.

    Know This Before Buying Diversified Royalty Corp. (TSE:DIV) For Its Dividend

    Is Diversified Royalty Corp. (TSE:DIV) a good dividend stock? How would you know? Dividend paying companies with...

  • GlobeNewswire

    Diversified Royalty Corp. Announces Results of Annual and Special Meeting

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that at its annual and special meeting of shareholders held on June 11, 2019 (the “Meeting”), all directors nominated as listed in DIV’s information circular dated May 2, 2019 were elected for the ensuing year. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

  • GlobeNewswire

    Diversified Royalty Corp. Announces June 2019 Cash Dividend

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01854 per common share for the period of June 1, 2019 to June 30, 2019, which is equal to $0.2225 per common share on an annualized basis. The dividend will be paid on June 28, 2019 to shareholders of record on June 14, 2019. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America.

  • Estimating The Fair Value Of Diversified Royalty Corp. (TSE:DIV)
    Simply Wall St.

    Estimating The Fair Value Of Diversified Royalty Corp. (TSE:DIV)

    Today we will run through one way of estimating the intrinsic value of Diversified Royalty Corp. (TSE:DIV) by taking...

  • GlobeNewswire

    Diversified Royalty Corp. Completes Acquisition of Mr. Mikes SteakhouseCasual Trademarks

    DIV.DB) (the “Corporation” or “DIV”) is pleased to announce it has completed its previously announced transaction with Mr. Mikes Restaurants Corporation and certain of its affiliates (collectively, “Mr. Mikes”) to add a fourth royalty stream for DIV's portfolio. DIV acquired the trademarks and certain other intellectual property rights utilized by Mr. Mikes in its restaurant business (the “Mr. Mikes Marks”) for a purchase price (the “Purchase Price”) of approximately $43.2 million, including a deferred amount of $4.95 million (the “Deferred Amount”), which is not payable for at least 12 months following closing subject to certain conditions being met (the “Acquisition”). Immediately following the closing of the Acquisition, DIV licensed the Mr. Mikes Marks back to Mr. Mikes for 99 years, in exchange for an initial royalty payment of $3.9 million per annum (the “Royalty” and together with the Acquisition, the “Transaction”).

  • GlobeNewswire

    Diversified Royalty Corp. Announces Acquisition of Mr. Mikes SteakhouseCasual Trademarks

    Diversified Royalty Corp. (DIV.TO) (the “Corporation” or “DIV”) is pleased to announce it has entered into an agreement with Mr. Mikes Restaurants Corporation and certain of its affiliates (collectively, “Mr. Mikes”) to add a fourth royalty stream for DIV's portfolio. Specifically, on May 16, 2019 DIV and its wholly-owned subsidiary MRM Royalties Limited Partnership (“MRM LP”) entered into an acquisition agreement (the “Acquisition Agreement”) with Mr. Mikes to acquire the trademarks and certain other intellectual property rights utilized by Mr. Mikes in its restaurant business (the “Mr. Mikes Marks”) for a purchase price (the “Purchase Price”) of approximately $43.2 million (the “Acquisition”).

  • Can Diversified Royalty Corp. (TSE:DIV) Improve Its Returns?
    Simply Wall St.

    Can Diversified Royalty Corp. (TSE:DIV) Improve Its Returns?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • CNW Group

    Geodrill Announces Annual and Special Meeting Voting Results

    TORONTO , May 14, 2019 /CNW/ - Geodrill Limited ("Geodrill" or the "Company") (GEO.TO), a leading West African based drilling company, announced the voting results of its Annual and Special Meeting of Shareholders (the "Meeting") held on May 13, 2019 . The nominees listed in the management information circular dated April 12, 2019 were elected as directors of the Company at the Meeting.

  • GlobeNewswire

    Diversified Royalty Corp. Announces First Quarter Results

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended March 31, 2019 (“Q1 2019”). Mr. Lube added four new stores to the royalty pool, which increased from 118 to 122 locations on May 1, 2019. In Q1 2019, DIV generated $6.4 million of royalty revenue and management fees compared to $6.0 million in the three months ended March 31, 2018 (“Q1 2018”).

  • GlobeNewswire

    Diversified Royalty Corp. Announces Additions to the Mr. Lube Royalty Pool, May 2019 Cash Dividend and Annual and Special Meeting Details

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) and Mr. Lube Canada Limited Partnership (“Mr. Lube”) announced today that effective May 1, 2019, the Mr. Lube royalty pool (the “Royalty Pool”) has been adjusted to include the royalties from four new flagship Mr. Lube locations. With the adjustment for these four openings, the Royalty Pool now includes 122 flagship Mr. Lube locations.

  • GlobeNewswire

    Diversified Royalty Corp. Announces Preliminary Q1 2019 Results for Mr. Lube, AIR MILES and Sutton

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce preliminary results for Mr. Lube, AIR MILES® and Sutton for the three months ended March 31, 2019 (“Q1 2019”). Mr. Lube Canada Limited Partnership (“Mr. Lube”) generated same-store-sales-growth (“SSSG”) of 5.6% for the Mr. Lube stores in the royalty pool for Q1 2019, compared to SSSG of 4.5% for the three months ended March 31, 2018 (“Q1 2018”). Mr. Lube’s SSSG was driven by continued growth in all aspects of the business, including oil services, tire sales and service as well as strong store-level execution.

  • Do Institutions Own Shares In Diversified Royalty Corp. (TSE:DIV)?
    Simply Wall St.

    Do Institutions Own Shares In Diversified Royalty Corp. (TSE:DIV)?

    If you want to know who really controls Diversified Royalty Corp. (TSE:DIV), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Converse...

  • GlobeNewswire

    Diversified Royalty Corp. Announces April 2019 Cash Dividend and Q1 2019 Earnings Release Date

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01854 per common share for the period of April 1, 2019 to April 30, 2019, which is equal to $0.2225 per common share on an annualized basis. DIV will release earnings results for the three months ended March 31, 2019 following the closing of regular trading on the Toronto Stock Exchange on May 9, 2019.

  • Is Diversified Royalty Corp.'s (TSE:DIV) Balance Sheet A Threat To Its Future?
    Simply Wall St.

    Is Diversified Royalty Corp.'s (TSE:DIV) Balance Sheet A Threat To Its Future?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Investors are always looking for growth in small-cap stocks like Diversified Royalty Corp. (TSE:DIV), with a market cap of CA...

  • GlobeNewswire

    Diversified Royalty Corp. Announces Fourth Quarter and Year End 2018 Results

    Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended December 31, 2018 (“Q4 2018”) and year ended December 31, 2018. In Q4 2018, DIV generated $7.2 million of royalty revenue and management fees compared to $6.9 million in the three months ended December 31, 2017 (“Q4 2017”).