Diversified Royalty Corp Company Profile (TSE:DIV)

About Diversified Royalty Corp (TSE:DIV)

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
  • Symbol: TSE:DIV
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$277.7 million
  • Outstanding Shares: 105,591,000
Average Prices:
  • 50 Day Moving Avg: C$2.65
  • 200 Day Moving Avg: C$2.57
  • 52 Week Range: C$2.10 - C$2.78
P/E:
  • Trailing P/E Ratio: 29.22
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$28.17 million
  • Price / Sales: 9.86
  • Book Value: C$1.98 per share
  • Price / Book: 1.33
Dividend:
  • Dividend Yield: 8.5%
Misc:
  • Average Volume: 241,008 shs.
  • Short Ratio: 11.32
 

Frequently Asked Questions for Diversified Royalty Corp (TSE:DIV)

What is Diversified Royalty Corp's stock symbol?

Diversified Royalty Corp trades on the Tornton Stock Exchange (TSX) under the ticker symbol "DIV."

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

Diversified Royalty Corp declared a monthly dividend on Thursday, May 11th. Shareholders of record on Wednesday, May 31st will be paid a dividend of 0.0185 per share on Wednesday, May 31st. This represents a $0.22 annualized dividend and a yield of 8.44%. The ex-dividend date is Thursday, May 11th. View Diversified Royalty Corp's Dividend History.

Where is Diversified Royalty Corp's stock going? Where will Diversified Royalty Corp's stock price be in 2017?

3 equities research analysts have issued 1-year price objectives for Diversified Royalty Corp's shares. Their forecasts range from C$3.00 to C$3.00. On average, they anticipate Diversified Royalty Corp's share price to reach C$3.00 in the next year. View Analyst Ratings for Diversified Royalty Corp.

Who are some of Diversified Royalty Corp's key competitors?

How do I buy Diversified Royalty Corp stock?

Shares of Diversified Royalty Corp and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Diversified Royalty Corp stock cost?

One share of Diversified Royalty Corp stock can currently be purchased for approximately C$2.63.

Analyst Ratings

Consensus Ratings for Diversified Royalty Corp (TSE:DIV) (?)
Ratings Breakdown: 3 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
11/28/2016CIBCReiterated RatingOutperformC$3.00View Rating Details
11/17/2016Beacon SecuritiesReiterated RatingBuyView Rating Details
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
(Data available from 5/26/2015 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)
Current Year EPS Consensus Estimate: $0.14 EPS

Dividends

Dividend History by Quarter for Diversified Royalty Corp (TSE:DIV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/11/2017Monthly$0.028.24%5/11/20175/31/20175/31/2017
4/11/2017Monthly$0.028.73%4/11/20174/28/20174/28/2017
3/13/2017Monthly$0.028.49%3/13/20173/31/20173/31/2017
2/9/2017Monthly$0.028.73%2/9/20172/28/20172/28/2017
1/12/2017Monthly$0.028.33%1/12/20171/31/20171/31/2017
11/10/2016Monthly$0.028.97%11/10/201611/30/201611/30/2016
10/12/2016Monthly$0.029.12%10/12/201610/31/201610/31/2016
9/13/2016Monthly$0.029.43%9/13/20169/30/20169/30/2016
8/11/2016Monthly$0.029.85%8/11/20168/31/20168/31/2016
7/13/2016Monthly$0.0210.11%7/13/20167/29/20167/29/2016
5/12/2016Monthly$0.029.85%5/12/20165/31/20165/31/2016
4/13/2016Monthly$0.029.93%4/13/20164/29/20164/29/2016
3/11/2016Monthly$0.029.93%3/11/20163/31/20163/31/2016
2/10/2016Monthly$0.0210.35%2/10/20162/29/20162/29/2016
1/13/2016Monthly$0.029.43%1/13/20161/29/20161/29/2016
12/16/2015Monthly$0.029.63%12/16/201512/31/201512/31/2015
11/18/2015Monthly$0.028.86%11/18/201511/30/201511/30/2015
10/21/2015Monthly$0.028.4%10/21/201510/30/201510/30/2015
9/21/2015Monthly$0.027.58%9/21/20159/30/20159/30/2015
8/20/2015Monthly$0.026.78%8/20/20158/31/20158/31/2015
7/22/2015Monthly$0.026.43%7/22/20157/31/20157/31/2015
6/19/2015Monthly$0.026.28%6/19/20156/30/20156/30/2015
5/20/2015Monthly$0.026.61%5/20/20155/29/20155/29/2015
4/21/2015Monthly$0.026.98%4/21/20154/30/20154/30/2015
3/20/2015Monthly$0.027%3/20/20153/31/20153/31/2015
2/18/2015Monthly$0.027.06%2/18/20152/27/20152/27/2015
1/21/2015Monthly$0.026.61%1/21/20151/30/20151/30/2015
12/18/2014Monthly$0.020.57%12/18/201412/29/201412/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Diversified Royalty Corp (TSE:DIV)
Insider Trades by Quarter for Diversified Royalty Corp (TSE:DIV)
Insider Trades by Quarter for Diversified Royalty Corp (TSE:DIV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/31/2017Murray Gordon ColemanDirectorBuy2,000C$2.56C$5,120.00
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

Headline Trends for Diversified Royalty Corp (TSE:DIV)
Latest Headlines for Diversified Royalty Corp (TSE:DIV)
Source:
DateHeadline
finance.yahoo.com logoDiversified Royalty Corp. breached its 50 day moving average in a Bearish Manner : DIV-CA : May 16, 2017
finance.yahoo.com - May 16 at 12:03 PM
seekingalpha.com logoAlaris - An Undervalued Dividend Streaming Company In A Unique Niche
seekingalpha.com - May 7 at 5:02 PM
americanbankingnews.com logoDiversified Royalty Corp (DIV) Plans Monthly Dividend of $0.02
www.americanbankingnews.com - May 6 at 9:20 PM
globenewswire.com logoSprott Announces New Chairman
globenewswire.com - April 7 at 9:25 AM
finance.yahoo.com logoDiversified Royalty Corp. breached its 50 day moving average in a Bullish Manner : DIV-CA : April 4, 2017
finance.yahoo.com - April 7 at 9:25 AM
americanbankingnews.com logoDiversified Royalty Corp (DIV) Declares C$0.02 Monthly Dividend
www.americanbankingnews.com - April 6 at 4:15 PM
americanbankingnews.com logoFY2017 Earnings Estimate for Diversified Royalty Corp Issued By Cormark (DIV)
www.americanbankingnews.com - March 31 at 12:48 PM
marketwatch.com logoDiversified Royalty Corp. Announces Fourth Quarter and 2016 Annual Results
www.marketwatch.com - March 28 at 9:30 PM
reuters.com logoBRIEF-Diversified Royalty Corp announces Q4 revenue C$6.4 mln
www.reuters.com - March 28 at 9:30 PM
reuters.com logoBRIEF-Diversified Royalty Corp announces Q4 revenue C$6.4 mln - Reuters
www.reuters.com - March 28 at 9:30 PM
biz.yahoo.com logoQ4 2016 Diversified Royalty Corp Earnings Release - After Market Close
biz.yahoo.com - March 28 at 12:12 PM
seekingalpha.com logoDiversified Royalty: 8.4% Dividend And A Solid Business Model
seekingalpha.com - March 20 at 7:49 PM
fool.com logoThe 2 Likely Reasons Silver Wheaton Corp. Tumbled 12% in February - Motley Fool
www.fool.com - March 3 at 9:49 PM
benzinga.com logoCannaRoyalty Strategic Partner Natural Ventures Completes Successful Commercial Launch in Puerto Rico Medical ... - Benzinga
www.benzinga.com - February 24 at 11:52 AM
finance.yahoo.com logoMidland Announces a New Strategic Alliance for Gold in the James ... - Yahoo Finance
finance.yahoo.com - February 16 at 2:36 PM
finance.yahoo.com logoGrenville Strategic Royalty Announces 2016 Fourth Quarter and Year End Results - Yahoo Finance
finance.yahoo.com - February 14 at 3:31 AM
marketwatch.com logo10-Q: PROSPECT CAPITAL CORP
www.marketwatch.com - February 8 at 5:12 PM

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Chart

Diversified Royalty Corp (DIV) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff