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TSE:DIV

Diversified Royalty (DIV) Stock Price, News & Analysis

C$2.75
+0.03 (+1.10%)
(As of 02/23/2024 ET)
Today's Range
C$2.73
C$2.77
50-Day Range
C$2.67
C$2.88
52-Week Range
C$2.35
C$3.40
Volume
255,851 shs
Average Volume
320,366 shs
Market Capitalization
C$394.79 million
P/E Ratio
22.92
Dividend Yield
9.09%
Price Target
C$3.79

Diversified Royalty MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.7% Upside
C$3.79 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Diversified Royalty in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.75 out of 5 stars


DIV stock logo

About Diversified Royalty Stock (TSE:DIV)

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Stratus Building Solutions, 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.

DIV Stock Price History

DIV Stock News Headlines

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Diversified Royalty Corp.
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See More Headlines
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Company Calendar

Ex-Dividend for 1/31 Dividend
1/12/2024
Dividend Payable
1/31/2024
Ex-Dividend for 2/29 Dividend
2/14/2024
Today
2/23/2024
Dividend Payable
2/29/2024
Next Earnings (Estimated)
3/14/2024

Industry, Sector and Symbol

Industry
Conglomerates
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
39
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$3.79
High Stock Price Target
C$4.50
Low Stock Price Target
C$3.00
Potential Upside/Downside
+37.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
C$18.12 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$52.82 million
Cash Flow
C$0.07 per share
Book Value
C$1.66 per share

Miscellaneous

Free Float
N/A
Market Cap
C$394.79 million
Optionable
Not Optionable
Beta
1.59
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Key Executives

  • Mr. Sean Morrison C.A. (Age 54)
    CPA, President & CEO
    Comp: $1.19M
  • Mr. Greg Gutmanis
    CFO, VP of Acquisitions & Corporate Secretary
  • Ms. Abigail Meana
    Corporate Controller
  • Mr. Adrian Law
    Corporate Controller














DIV Stock Analysis - Frequently Asked Questions

Should I buy or sell Diversified Royalty stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diversified Royalty in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DIV shares.
View DIV analyst ratings
or view top-rated stocks.

What is Diversified Royalty's stock price target for 2024?

4 brokerages have issued twelve-month target prices for Diversified Royalty's shares. Their DIV share price targets range from C$3.00 to C$4.50. On average, they expect the company's stock price to reach C$3.79 in the next year. This suggests a possible upside of 37.7% from the stock's current price.
View analysts price targets for DIV
or view top-rated stocks among Wall Street analysts.

How have DIV shares performed in 2024?

Diversified Royalty's stock was trading at C$2.73 at the beginning of 2024. Since then, DIV stock has increased by 0.7% and is now trading at C$2.75.
View the best growth stocks for 2024 here
.

When is Diversified Royalty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our DIV earnings forecast
.

How often does Diversified Royalty pay dividends? What is the dividend yield for Diversified Royalty?

Diversified Royalty announced a monthly dividend on Monday, February 5th. Shareholders of record on Thursday, February 15th will be given a dividend of 0.02 per share on Thursday, February 29th. This represents a $0.24 dividend on an annualized basis and a yield of 8.73%. The ex-dividend date of this dividend is Wednesday, February 14th.
Read our dividend analysis for DIV
.

Is Diversified Royalty a good dividend stock?

Diversified Royalty (TSE:DIV) pays an annual dividend of C$0.25 per share and currently has a dividend yield of 8.60%. DIV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 208.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DIV.

What other stocks do shareholders of Diversified Royalty own?
How do I buy shares of Diversified Royalty?

Shares of DIV stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:DIV) was last updated on 2/23/2024 by MarketBeat.com Staff