Diversified Royalty - DIV Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diversified Royalty in the last year. There are currently 1 buy rating 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.

1 brokerages have issued 1 year price targets for Diversified Royalty's shares. Their DIV share price forecasts range from C$3.50 to C$4.00. On average, they anticipate the company's stock price to reach C$3.83 in the next year. This suggests a possible upside of 19.4% 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$2.98 at the beginning of 2023. Since then, DIV shares have increased by 7.7% and is now trading at C$3.21.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
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Diversified Royalty Corp. (TSE:DIV) issued its earnings results on Wednesday, November, 9th. The company reported $0.05 EPS for the quarter. The company had revenue of $11.64 million for the quarter.

Diversified Royalty declared a monthly dividend on Wednesday, January 4th. Stockholders of record on Monday, January 16th will be paid a dividend of 0.02 per share on Tuesday, January 31st. This represents a $0.24 dividend on an annualized basis and a yield of 7.48%. The ex-dividend date of this dividend is Friday, January 13th.
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 7.41%. 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$3.21.

Diversified Royalty (TSE:DIV) has a market capitalization of C$453.24 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.