Diversified Royalty Dividends and Buybacks
Dividend criteria checks 4/6
Diversified Royalty is a dividend paying company with a current yield of 8.96%.
Key information
9.0%
Dividend yield
-10.9%
Buyback Yield
| Total Shareholder Yield | -1.9% |
| Future Dividend Yield | 9.7% |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.250 |
| Payout ratio | 122% |
Recent dividend and buyback updates
Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0208
Jan 07
Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0208
Nov 08Recent updates
Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0208
Jan 07Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0208
Nov 08Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.0208
Oct 07Diversified Royalty (TSE:DIV) Has Announced A Dividend Of CA$0.0208
Aug 08Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.0208
Jul 11We Think Shareholders May Consider Being More Generous With Diversified Royalty Corp.'s (TSE:DIV) CEO Compensation Package
Jun 13Diversified Royalty (TSE:DIV) Is Due To Pay A Dividend Of CA$0.0208
Apr 07Diversified Royalty's (TSE:DIV) Earnings Are Of Questionable Quality
Mar 29Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0204
Dec 09Diversified Royalty (TSE:DIV) Will Pay A Larger Dividend Than Last Year At CA$0.0204
Nov 09Diversified Royalty (TSE:DIV) Is Paying Out A Dividend Of CA$0.02
Oct 10Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.02
Sep 10Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.02
Aug 08Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02
Jul 08Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02
May 05Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02
Mar 07Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.02
Feb 07Diversified Royalty's (TSE:DIV) Dividend Will Be Increased To CA$0.02
Jan 08Diversified Royalty (TSE:DIV) Has Re-Affirmed Its Dividend Of CA$0.018
Jul 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DIV's dividends per share have been stable in the past 10 years.
Growing Dividend: DIV's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Diversified Royalty Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DIV) | 9.0% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Specialty Retail) | 3.1% |
| Analyst forecast (DIV) (up to 3 years) | 9.7% |
Notable Dividend: DIV's dividend (8.96%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).
High Dividend: DIV's dividend (8.96%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (122.2%), DIV's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DIV is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 01:53 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Diversified Royalty Corp. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Raveel Afzaal | Canaccord Genuity |
| Matthew Lee | Canaccord Genuity |
| Mark Petrie | CIBC Capital Markets |