Diversified Royalty Dividend
Dividend criteria checks 4/6
Diversified Royalty is a dividend paying company with a current yield of 8.93%.
Key information
8.9%
Dividend yield
108%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.19 |
| Dividend yield forecast in 3Y | 9.3% |
Recent dividend updates
Diversified Royalty (TSE:DIV) Is Due To Pay A Dividend Of CA$0.0208
Apr 07
Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0204
Dec 09Recent updates
Diversified 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 09Diversified Royalty (TSE:DIV) Has Re-Affirmed Its Dividend Of CA$0.018
Jun 07Shareholders Will Most Likely Find Diversified Royalty Corp.'s (TSE:DIV) CEO Compensation Acceptable
Jun 22Calculating The Fair Value Of Diversified Royalty Corp. (TSE:DIV)
May 02What Is Diversified Royalty Corp.'s (TSE:DIV) Share Price Doing?
Mar 26Is Diversified Royalty Corp. (TSE:DIV) At Risk Of Cutting Its Dividend?
Mar 08Diversified Royalty (TSE:DIV) Has Returned Negative 6.8% To Its Shareholders In The Past Three Years
Feb 01
Stability 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) | 8.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Specialty Retail) | 2.9% |
| Analyst forecast in 3 Years (DIV) | 9.3% |
Notable Dividend: DIV's dividend (8.93%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: DIV's dividend (8.93%) is in the top 25% of dividend payers in the Canadian market (6.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.3%), 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.