Diversified Royalty - DIV Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diversified Royalty in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DIV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DIV, but not buy additional shares or sell existing shares.
View DIV analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 12 month target prices for Diversified Royalty's shares. Their DIV share price forecasts range from C$3.25 to C$4.00. On average, they expect the company's stock price to reach C$3.75 in the next twelve months. This suggests a possible upside of 24.2% from the stock's current price.
View analysts price targets for DIV or view top-rated stocks among Wall Street analysts.

Diversified Royalty's stock was trading at C$2.82 at the beginning of 2022. Since then, DIV stock has increased by 7.1% and is now trading at C$3.02.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
View our DIV earnings forecast.

Diversified Royalty announced a monthly dividend on Monday, November 14th. Investors of record on Wednesday, November 30th will be given a dividend of 0.0196 per share on Wednesday, November 30th. This represents a $0.24 dividend on an annualized basis and a yield of 7.79%. The ex-dividend date of this dividend is Monday, November 14th.
Read our dividend analysis for DIV.

Diversified Royalty (TSE:DIV) pays an annual dividend of C$0.22 per share and currently has a dividend yield of 7.81%. DIV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.55%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DIV.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diversified Royalty investors own include Bombardier, Inc. Class B (BBD.B), Whitecap Resources (WCP), American Hotel Income Properties REIT (HOT.UN), TransAlta Renewables (RNW), Slate Office REIT (SOT.UN), Pembina Pipeline (PPL), Vermilion Energy (VET), Athabasca Oil (ATH) and Enbridge (ENB).

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

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.
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One share of DIV stock can currently be purchased for approximately C$3.02.

Diversified Royalty (TSE:DIV) has a market capitalization of C$426.41 million and generates C$43.10 million in revenue each year.

Diversified Royalty's mailing address is 902-510 Burrard St, VANCOUVER, BC V6C 3A8, Canada. The official website for the company is diversifiedroyaltycorp.com. The company can be reached via phone at +1-604-2353146.