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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
TSE:DIV

Diversified Royalty (DIV) Stock Price, News & Analysis

C$2.79
-0.01 (-0.36%)
(As of 04/19/2024 ET)
Today's Range
C$2.79
C$2.82
50-Day Range
C$2.72
C$2.92
52-Week Range
C$2.35
C$3.07
Volume
77,179 shs
Average Volume
243,789 shs
Market Capitalization
C$458.93 million
P/E Ratio
12.68
Dividend Yield
8.96%
Price Target
C$3.73

Diversified Royalty MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
33.5% Upside
C$3.73 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.38 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 Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito 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 founded in 1960 and is headquartered in Vancouver, Canada.

DIV Stock Price History

DIV Stock News Headlines

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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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Diversified Royalty Corp (DIV)
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Diversified Royalty Corp.
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Last Earnings
3/21/2024
Dividend Payable
3/28/2024
Ex-Dividend for 4/30 Dividend
4/12/2024
Today
4/19/2024
Dividend Payable
4/30/2024
Next Earnings (Estimated)
5/08/2024

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$3.73
High Stock Price Target
C$4.50
Low Stock Price Target
C$3.00
Potential Upside/Downside
+33.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
C$31.72 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$56.49 million
Cash Flow
C$0.07 per share
Book Value
C$1.65 per share

Miscellaneous

Free Float
N/A
Market Cap
C$460.57 million
Optionable
Not Optionable
Beta
1.58
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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 research analysts have issued "buy," "hold," and "sell" ratings for Diversified Royalty in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research 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 equities research analysts have issued 12-month price objectives for Diversified Royalty's stock. 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$3.73 in the next twelve months. This suggests a possible upside of 33.5% 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 2.2% and is now trading at C$2.79.
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 Wednesday, May 8th 2024.
View our DIV earnings forecast
.

How were Diversified Royalty's earnings last quarter?

Diversified Royalty Corp. (TSE:DIV) posted its quarterly earnings results on Thursday, March, 21st. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The company had revenue of $16.39 million for the quarter, compared to the consensus estimate of $16.84 million. Diversified Royalty had a net margin of 56.15% and a trailing twelve-month return on equity of 13.46%.

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

Diversified Royalty declared a monthly dividend on Wednesday, April 3rd. Investors of record on Monday, April 15th will be given a dividend of 0.021 per share on Tuesday, April 30th. This represents a $0.25 annualized dividend and a dividend yield of 9.03%. The ex-dividend date of this dividend is Friday, April 12th.
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 8.59%. DIV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 113.64%. 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 4/19/2024 by MarketBeat.com Staff

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