Diversified Royalty Corp Company Profile (TSE:DIV)

About Diversified Royalty Corp

Diversified Royalty Corp logoDiversified Royalty Corp. (DIV), formerly BENEV Capital Inc., is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America (Royalty Partners). Its primary objectives are to purchase stable and growing royalty streams from Royalty Partners, and increase distributable cash per Share by making accretive royalty purchases. The Company's Royalty Partners include Franworks Franchise Corp. (Franworks), Sutton Group Realty Services Ltd. (Sutton Group) and Mr. Lube Canada Limited Partnership (Mr. Lube). Franworks operates and franchises mid-casual restaurants in select markets in Canada and the United States. Sutton Group provides services to residential real estate REALTORS. Mr. Lube is engaged in quick lube business with a focus on vehicle maintenance.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: DIV
  • CUSIP:
Key Metrics:
  • Previous Close: $2.37
  • 50 Day Moving Average: $2.36
  • 200 Day Moving Average: $2.28
  • 52-Week Range: C$1.96 - C$2.79
  • Trailing P/E Ratio: 26.63
  • P/E Growth: 0.00
  • Market Cap: $269.76M
  • Outstanding Shares: 113,821,000
Additional Links:

Analyst Ratings

Consensus Ratings for Diversified Royalty Corp (TSE:DIV) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: C$3.00

Analysts' Ratings History for Diversified Royalty Corp (TSE:DIV)
Show:
DateFirmActionRatingPrice TargetDetails
9/2/2016Paradigm CapitalLower Price TargetBuyC$3.50 -> C$3.00View Rating Details
1/21/2016Haywood SecuritiesInitiated CoverageBuy -> BuyC$3.00View Rating Details
8/24/2015Pi FinancialBoost Price TargetBuyC$3.30 -> C$3.75View Rating Details
1/14/2015GMP SecuritiesReiterated RatingBuyView Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Diversified Royalty Corp (TSE:DIV)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Diversified Royalty Corp (TSE:DIV)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.04$0.04$0.04
Q2 20161$0.05$0.05$0.05
Q3 20161$0.05$0.05$0.05
Q4 20161$0.05$0.05$0.05
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Diversified Royalty Corp (TSE:DIV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/13/2016MonthlyC$0.029.43%9/13/20169/30/20169/30/2016
8/11/2016MonthlyC$0.029.85%8/11/20168/31/20168/31/2016
7/13/2016MonthlyC$0.0210.11%7/13/20167/29/20167/29/2016
5/12/2016MonthlyC$0.029.85%5/12/20165/31/20165/31/2016
4/13/2016MonthlyC$0.029.93%4/13/20164/29/20164/29/2016
3/11/2016MonthlyC$0.029.93%3/11/20163/31/20163/31/2016
2/10/2016MonthlyC$0.0210.35%2/10/20162/29/20162/29/2016
1/13/2016MonthlyC$0.029.43%1/13/20161/29/20161/29/2016
12/16/2015MonthlyC$0.029.63%12/16/201512/31/201512/31/2015
11/18/2015MonthlyC$0.028.86%11/18/201511/30/201511/30/2015
10/21/2015MonthlyC$0.028.4%10/21/201510/30/201510/30/2015
9/21/2015MonthlyC$0.027.58%9/21/20159/30/20159/30/2015
8/20/2015MonthlyC$0.026.78%8/20/20158/31/20158/31/2015
7/22/2015MonthlyC$0.026.43%7/22/20157/31/20157/31/2015
6/19/2015MonthlyC$0.026.28%6/19/20156/30/20156/30/2015
5/20/2015MonthlyC$0.026.61%5/20/20155/29/20155/29/2015
4/21/2015MonthlyC$0.026.98%4/21/20154/30/20154/30/2015
3/20/2015MonthlyC$0.027%3/20/20153/31/20153/31/2015
2/18/2015MonthlyC$0.027.06%2/18/20152/27/20152/27/2015
1/21/2015MonthlyC$0.026.61%1/21/20151/30/20151/30/2015
12/18/2014MonthlyC$0.020.57%12/18/201412/29/201412/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Diversified Royalty Corp (TSE:DIV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2016Lance TraceyDirectorSell25,000C$2.42C$60,500.00
9/6/2016Kevin Arnold GieseDirectorSell49,500C$2.35C$116,325.00
1/20/2016Mitchell Harold GropperDirectorBuy500C$2.05C$1,025.00
6/10/2015Johnny CiampiDirectorBuy26,800C$2.95C$79,060.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Diversified Royalty Corp (TSE:DIV)
DateHeadline
News IconResearch Reports Initiated on Financial Services Stocks Home Capital, Diversified Royalty, PWC Capital, and Trez Capital Mortgage Investment (TSE:DIV)
news.investornetwork.com - September 22 at 10:11 AM
News IconCara Operations strengthens its position in Western Canada by acquiring Calgary-based Original Joe's chain for $93M (TSE:DIV)
thestarphoenix.com - September 2 at 4:34 PM
reuters.com logoBRIEF-Panasonic has acquired ADComms for nearly 10 bln yen ($96.8 million) - NIKKEI (TSE:DIV)
uk.reuters.com - September 2 at 9:29 AM
News IconCara Operations buying Calgary-based Original Joe's chain for $93M (TSE:DIV)
calgaryherald.com - September 2 at 9:29 AM
News IconCara Operations signs agreement to acquire Original Joe's for $93 million (TSE:DIV)
www.ctvnews.ca - September 1 at 9:14 AM
business.financialpost.com logoCara Operations signs agreement to acquire majority stake in Original Joe’s Franchise Group for $93 million (TSE:DIV)
business.financialpost.com - September 1 at 9:14 AM
finance.yahoo.com logoCara and Original Joe's Franchise Group Inc. enter into partnership to reacquire Original Joe's trademarks and royalty rights from Diversified Royalty Corp. (TSE:DIV)
finance.yahoo.com - September 1 at 9:14 AM
finance.yahoo.com logoDiversified Royalty Corp. Announces Agreement for the Indirect Sale of the Franworks Trademarks and Rights to Cara Operations Limited (TSE:DIV)
finance.yahoo.com - September 1 at 9:14 AM
capitalcube.com logoDiversified Royalty Corp. :DIV-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 26, 2016 (TSE:DIV)
www.capitalcube.com - August 26 at 3:58 PM
biz.yahoo.com logoQ2 2016 Diversified Royalty Corp Earnings Release - Time Not Supplied (TSE:DIV)
biz.yahoo.com - August 15 at 11:51 AM
finance.yahoo.com logoPreston Corporation Provides Further Details on Arizona Gold Mine Royalty Acquisition (TSE:DIV)
finance.yahoo.com - August 10 at 10:51 PM
finance.yahoo.com logoUpdate on the John Bennett Conviction, Sentencing and Setting Aside the Indemnity Order (TSE:DIV)
finance.yahoo.com - August 10 at 8:22 AM
News IconCoverage Initiated on Financial Stocks Diversified Royalty, Home Capital, Aston Hill Financial, and PrairieSky Royalty (TSE:DIV)
news.investornetwork.com - August 1 at 9:09 AM
finance.yahoo.com logoDiversified Royalty Corp. Provides Update on John Bennett Sentencing Date (TSE:DIV)
finance.yahoo.com - June 23 at 5:41 PM
capitalcube.com logoDiversified Royalty Corp. breached its 50 day moving average in a Bearish Manner : DIV-CA : June 14, 2016 (TSE:DIV)
www.capitalcube.com - June 14 at 9:05 AM
fool.ca logoRetirees: Give Yourself a Raise With These +8% Yielders (TSE:DIV)
www.fool.ca - June 11 at 10:01 AM
finance.yahoo.com logoDiversified Royalty Corp. Announces June 2016 Cash Dividend (TSE:DIV)
finance.yahoo.com - June 3 at 4:35 PM
capitalcube.com logoDiversified Royalty Corp. breached its 50 day moving average in a Bullish Manner : DIV-CA : June 3, 2016 (TSE:DIV)
www.capitalcube.com - June 3 at 8:21 AM
finance.yahoo.com logoDiversified Royalty Corp. Announces First Quarter 2016 Results (TSE:DIV)
finance.yahoo.com - May 16 at 4:00 PM
biz.yahoo.com logoQ1 2016 Diversified Royalty Corp Earnings Release - After Market Close (TSE:DIV)
biz.yahoo.com - May 16 at 7:07 AM
capitalcube.com logoDiversified Royalty Corp. breached its 50 day moving average in a Bearish Manner : DIV-CA : May 10, 2016 (TSE:DIV)
www.capitalcube.com - May 10 at 8:53 AM
finance.yahoo.com logoDiversified Royalty Corp. Announces May 2016 Cash Dividend, Q1 2016 Earnings Release Date and AGM Details (TSE:DIV)
finance.yahoo.com - May 4 at 8:27 PM
capitalcube.com logoDiversified Royalty Corp. – Value Analysis (TORONTO:DIV) : April 7, 2016 (TSE:DIV)
www.capitalcube.com - April 7 at 7:39 PM
capitalcube.com logoDiversified Royalty Corp. breached its 50 day moving average in a Bearish Manner : DIV-CA : April 6, 2016 (TSE:DIV)
www.capitalcube.com - April 6 at 8:36 AM
finance.yahoo.com logoDiversified Royalty Corp. Provides an Update on the John Bennett Indemnity and Announces April 2016 Dividend (TSE:DIV)
finance.yahoo.com - April 5 at 6:00 AM
capitalcube.com logoDiversified Royalty Corp. :DIV-CA: Earnings Analysis: Q4, 2015 By the Numbers (TSE:DIV)
www.capitalcube.com - April 1 at 11:18 AM
finance.yahoo.com logoDiversified Royalty Corp. Announces Fourth Quarter and 2015 Annual Results (TSE:DIV)
finance.yahoo.com - March 29 at 9:59 PM
finance.yahoo.com logoDiversified Royalty Corp. Announces a Decision in the John Bennett Litigation (TSE:DIV)
finance.yahoo.com - March 16 at 8:57 PM
finance.yahoo.com logoDiversified Royalty Corp. Announces March 2016 Cash Dividend (TSE:DIV)
finance.yahoo.com - March 3 at 5:51 PM
capitalcube.com logoDiversified Royalty Corp. breached its 50 day moving average in a Bullish Manner : DIV-CA : March 3, 2016 (TSE:DIV)
www.capitalcube.com - March 3 at 8:38 AM
News IconPrivate Equity Helps SWF Alaska Permanent Fight Oil Slump - Institutional Investor (TSE:DIV)
www.institutionalinvestor.com - February 26 at 2:00 PM
prnewswire.com logoPembina Pipeline Corporation Reports Strong 2015 Results - PR Newswire (press release) (TSE:DIV)
www.prnewswire.com - February 26 at 2:00 PM
News IconAnadarko Reaping $1.3B From U.S. Onshore Asset Sales - Natural Gas Intelligence (TSE:DIV)
www.naturalgasintel.com - February 26 at 2:00 PM
fool.com logoUniversal Display Corporation Goes Dark After a Light Quarter - Motley Fool (TSE:DIV)
www.fool.com - February 26 at 2:00 PM
News IconDiversified Royalty Corp Stock Price Declines Today - RiversideGazette.com (TSE:DIV)
www.riversidegazette.com - February 26 at 2:00 PM
stockhouse.com logoDiversified Royalty Corp. Announces February 2016 Cash Dividend - Stockhouse (TSE:DIV)
www.stockhouse.com - February 3 at 2:41 PM
seekingalpha.com logoUS Global's Ralph Aldis On The Life-Changing Magic Of An Asset Allocation Plan - Seeking Alpha (TSE:DIV)
seekingalpha.com - February 2 at 2:53 PM
gurufocus.com logoArnold Van Den Berg Cuts Stake in Coca-Cola by Nearly Half - GuruFocus.com (TSE:DIV)
www.gurufocus.com - January 28 at 2:30 PM
gurufocus.com logoHorizon Kinetics 4th Quarter Commentary - Part 2 - GuruFocus.com (TSE:DIV)
www.gurufocus.com - January 26 at 2:29 PM
News IconOil under $30 a barrel carries dangers for Colorado economy - The Denver Post (TSE:DIV)
www.denverpost.com - January 26 at 2:29 PM
News IconBiotech; MannKind Corp. (NASDAQ:MNKD) Regains Trust of Investors On Partnership Deal- Amgen Inc. (NASDAQ ... - Seneca Globe (TSE:DIV)
senecaglobe.com - January 22 at 1:30 PM
fool.com logoMannKind Corporation Lands a New Deal -- Were Investors Right to Cheer? - Motley Fool (TSE:DIV)
www.fool.com - January 22 at 1:30 PM
News IconOctafinance Looks at Why the Researchers at Haywood Securities has initiated Coverage on Diversified Royalty (TSE ... - OctaFinance.com (TSE:DIV)
www.octafinance.com - January 22 at 1:30 PM
prnewswire.com logoKuros Biosurgery Holding Ltd. Closes Merger With Cytos Biotechnology Ltd ... - PR Newswire (press release) (TSE:DIV)
www.prnewswire.com - January 21 at 1:42 PM
marketwatch.com logoAMD sales plunge, but losses narrow - MarketWatch (TSE:DIV)
www.marketwatch.com - January 21 at 1:42 PM
News IconMannKind shares jump on news of deal with Receptor - The Pharma Letter (registration) (TSE:DIV)
www.thepharmaletter.com - January 21 at 1:42 PM
wsj.com logoAMD Fourth-Quarter Revenue Tumbles 23%, but Loss Narrows as Costs Fall - Wall Street Journal (TSE:DIV)
www.wsj.com - January 19 at 8:04 PM
News IconAs province looks for value-added jobs, petrochemical sector puts up its hand - Calgary Herald (TSE:DIV)
calgaryherald.com - January 18 at 12:42 PM
finance.yahoo.com logoDiversified Royalty Corp. Announces Closing of $115 Million Bought Deal Subscription Receipt Offering (TSE:DIV)
finance.yahoo.com - August 18 at 8:39 AM
finance.yahoo.com logoDiversified Royalty Corp. Announces August 2015 Cash Dividend; Set to Increase 6.2% (TSE:DIV)
finance.yahoo.com - August 10 at 7:46 PM

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Diversified Royalty Corp (TSE:DIV) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff