Price Target Changed • May 19
Price target increased by 13% to CA$4.93 Up from CA$4.38, the current price target is an average from 5 analysts. New target price is 5.6% above last closing price of CA$4.67. Stock is up 60% over the past year. The company is forecast to post earnings per share of CA$0.23 for next year compared to CA$0.22 last year. Reported Earnings • May 18
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: CA$0.044 (down from CA$0.048 in 1Q 2025). Revenue: CA$17.5m (up 12% from 1Q 2025). Net income: CA$7.57m (down 5.4% from 1Q 2025). Profit margin: 43% (down from 51% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Specialty Retail industry in Canada. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year. Declared Dividend • May 11
Dividend of CA$0.024 announced Shareholders will receive a dividend of CA$0.024. Ex-date: 15th May 2026 Payment date: 29th May 2026 Dividend yield will be 6.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 14% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • May 08
Diversified Royalty Corp. Announces Cash Dividend for the Period of May 1, 2026 to May 31, 2026, Payable on May 29, 2026 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02375 per common share for the period of May 1, 2026 to May 31, 2026, which is equal to $0.285 per common share on an annualized basis. The dividend will be paid on May 29, 2026 to shareholders of record as of the close of business on May 15, 2026. Announcement • May 06
Diversified Royalty Corp. to Report Q1, 2026 Results on May 14, 2026 Diversified Royalty Corp. announced that they will report Q1, 2026 results After-Market on May 14, 2026 Declared Dividend • Apr 08
Dividend of CA$0.024 announced Shareholders will receive a dividend of CA$0.024. Ex-date: 15th April 2026 Payment date: 30th April 2026 Dividend yield will be 6.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 14% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Apr 07
Diversified Royalty Corp., Annual General Meeting, Jun 17, 2026 Diversified Royalty Corp., Annual General Meeting, Jun 17, 2026. Location: british columbia, vancouver Canada Announcement • Apr 03
Diversified Royalty Corp. Approves Cash Dividend for the Period of April 1, 2026 to April 30, 2026, Payable on April 30, 2026 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02375 per common share for the period of April 1, 2026 to April 30, 2026, which is equal to $0.285 per common share on an annualized basis. The dividend will be paid on April 30, 2026 to shareholders of record as of the close of business on April 15, 2026. Recent Insider Transactions Derivative • Mar 22
Independent Director exercised options to buy CA$175k worth of stock. On the 18th of March, Garry Herdler exercised options to buy 46k shares at a strike price of around CA$4.02, costing a total of CA$183k. This transaction amounted to 25% of their direct individual holding at the time of the trade. Since March 2025, Garry has owned 180.16k shares directly. Company insiders have collectively bought CA$934k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Mar 20
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: CA$0.22 (up from CA$0.16 in FY 2024). Revenue: CA$70.8m (up 8.9% from FY 2024). Net income: CA$36.7m (up 38% from FY 2024). Profit margin: 52% (up from 41% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Specialty Retail industry in Canada. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year. Declared Dividend • Mar 08
Dividend of CA$0.024 announced Shareholders will receive a dividend of CA$0.024. Ex-date: 13th March 2026 Payment date: 31st March 2026 Dividend yield will be 6.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (145% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 61% to bring the payout ratio under control. EPS is expected to grow by 18% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Mar 06
Diversified Royalty Corp. Approves Cash Dividend for the Period of March 1, 2026 to March 31, 202, Payable on March 31, 2026 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02375 per common share for the period of March 1, 2026 to March 31, 2026, which is equal to $0.285 per common share on an annualized basis. The dividend will be paid on March 31, 2026 to shareholders of record as of the close of business on March 13, 2026. Announcement • Mar 05
Diversified Royalty Corp. to Report Q4, 2025 Results on Mar 19, 2026 Diversified Royalty Corp. announced that they will report Q4, 2025 results After-Market on Mar 19, 2026 Declared Dividend • Feb 08
Dividend of CA$0.024 announced Shareholders will receive a dividend of CA$0.024. Ex-date: 13th February 2026 Payment date: 27th February 2026 Dividend yield will be 6.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (145% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 61% to bring the payout ratio under control. EPS is expected to grow by 18% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Feb 06
Diversified Royalty Corp. Approves Cash Dividend for the Period of February 1, 2026 to February 28, 2026, Payable on February 27, 2026 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02375 per common share for the period of February 1, 2026 to February 28, 2026, which is equal to $0.285 per common share on an annualized basis. The dividend will be paid on February 27, 2026 to shareholders of record as of the close of business on February 13, 2026. Declared Dividend • Jan 08
Dividend of CA$0.024 announced Shareholders will receive a dividend of CA$0.024. Ex-date: 15th January 2026 Payment date: 30th January 2026 Dividend yield will be 6.8%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (145% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 61% to bring the payout ratio under control. EPS is expected to grow by 18% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Jan 06
Diversified Royalty Corp. Approves Cash Dividend for the Period of January 1, 2026 to January 31, 2026, Payable on January 30, 2026 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02375 per common share for the period of January 1, 2026 to January 31, 2026, which is equal to $0.285 per common share on an annualized basis. The dividend will be paid on January 30, 2026 to shareholders of record as of the close of business on January 15, 2026. Recent Insider Transactions Derivative • Dec 18
CEO & Director exercised options to buy CA$169k worth of stock. On the 16th of December, Sean Morrison exercised options to buy 46k shares at a strike price of around CA$3.78, costing a total of CA$173k. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. Since December 2024, Sean's direct individual holding has increased from 1.84m shares to 1.99m. Company insiders have collectively bought CA$747k more than they sold, via options and on-market transactions, in the last 12 months. Declared Dividend • Dec 07
Dividend increased to CA$0.024 Dividend of CA$0.024 is 14% higher than last year. Ex-date: 15th December 2025 Payment date: 31st December 2025 Dividend yield will be 7.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (145% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 61% to bring the payout ratio under control. EPS is expected to grow by 18% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Dec 05
Diversified Royalty Corp. announces Monthly dividend, payable on December 31, 2025 Diversified Royalty Corp. announced Monthly dividend of CAD 0.0238 per share payable on December 31, 2025, ex-date on December 15, 2025 and record date on December 15, 2025. Recent Insider Transactions • Nov 20
President & CFO recently sold CA$179k worth of stock On the 17th of November, Greg Gutmanis sold around 50k shares on-market at roughly CA$3.57 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Greg's only on-market trade for the last 12 months. Price Target Changed • Nov 17
Price target increased by 8.5% to CA$4.35 Up from CA$4.01, the current price target is an average from 5 analysts. New target price is 21% above last closing price of CA$3.60. Stock is up 21% over the past year. The company is forecast to post earnings per share of CA$0.21 for next year compared to CA$0.16 last year. Reported Earnings • Nov 14
Third quarter 2025 earnings: EPS in line with expectations, revenues disappoint Third quarter 2025 results: EPS: CA$0.051 (up from CA$0.042 in 3Q 2024). Revenue: CA$18.3m (up 13% from 3Q 2024). Net income: CA$8.67m (up 26% from 3Q 2024). Profit margin: 48% (up from 43% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Canada. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Announcement • Nov 13
Diversified Royalty Corp. Approves New Dividend Policy The board of directors of Diversified Royalty Corp. has approved an increase in DIV’s dividend policy to increase its annualized dividend from 27.5 cents per share to 28.5 cents per share effective December 1, 2025, an increase of 1¢ or 3.6%. Declared Dividend • Nov 06
Dividend of CA$0.023 announced Shareholders will receive a dividend of CA$0.023. Ex-date: 14th November 2025 Payment date: 28th November 2025 Dividend yield will be 7.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (149% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 66% to bring the payout ratio under control. EPS is expected to grow by 16% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Recent Insider Transactions Derivative • Oct 06
CEO & Director exercised options to buy CA$150k worth of stock. On the 30th of September, Sean Morrison exercised options to buy 40k shares at a strike price of around CA$3.73, costing a total of CA$151k. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. Since December 2024, Sean's direct individual holding has increased from 1.84m shares to 1.94m. Company insiders have collectively bought CA$980k more than they sold, via options and on-market transactions, in the last 12 months. Declared Dividend • Oct 06
Dividend of CA$0.023 announced Shareholders will receive a dividend of CA$0.023. Ex-date: 15th October 2025 Payment date: 31st October 2025 Dividend yield will be 6.8%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (149% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 66% to bring the payout ratio under control. EPS is expected to grow by 16% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Oct 03
Diversified Royalty Corp. Announces October 2025 Cash Dividend, Payable on October 31, 2025 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02292 per common share for the period of October 1, 2025 to October 31, 2025, which is equal to $0.275 per common share on an annualized basis. The dividend will be paid on October 31, 2025 to shareholders of record as of the close of business on October 15, 2025. Recent Insider Transactions Derivative • Sep 14
CEO & Director exercised options to buy CA$136k worth of stock. On the 12th of September, Sean Morrison exercised options to buy 37k shares at a strike price of around CA$3.63, costing a total of CA$135k. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. Since December 2024, Sean's direct individual holding has increased from 1.84m shares to 1.87m. Company insiders have collectively bought CA$785k more than they sold, via options and on-market transactions, in the last 12 months. Declared Dividend • Sep 08
Dividend of CA$0.023 announced Shareholders will receive a dividend of CA$0.023. Ex-date: 15th September 2025 Payment date: 29th September 2025 Dividend yield will be 7.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (149% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 66% to bring the payout ratio under control. EPS is expected to grow by 16% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Sep 04
Diversified Royalty Corp. Announces September 2025 Cash Dividend, Payable on September 29, 2025 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02292 per common share for the period of September 1, 2025 to September 30, 2025, which is equal to $0.275 per common share on an annualized basis. The dividend will be paid on September 29, 2025 to shareholders of record as of the close of business on September 15, 2025. Recent Insider Transactions Derivative • Aug 22
CEO & Director exercised options to buy CA$100k worth of stock. On the 20th of August, Sean Morrison exercised options to buy 29k shares at a strike price of around CA$3.43, costing a total of CA$101k. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. Since December 2024, Sean has owned 1.84m shares directly. Company insiders have collectively bought CA$749k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Aug 08
Second quarter 2025 earnings: EPS in line with expectations, revenues disappoint Second quarter 2025 results: EPS: CA$0.053 (up from CA$0.05 in 2Q 2024). Revenue: CA$17.8m (up 6.4% from 2Q 2024). Net income: CA$9.02m (up 9.8% from 2Q 2024). Profit margin: 51% (up from 49% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in Canada. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Dividend of CA$0.023 announced Shareholders will receive a dividend of CA$0.023. Ex-date: 15th July 2025 Payment date: 31st July 2025 Dividend yield will be 7.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (153% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 70% to bring the payout ratio under control. EPS is expected to grow by 15% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Jul 04
Diversified Royalty Corp. Announces July 2025 Cash Dividend, Payable on July 31, 2025 Diversified Royalty Corp. confirmed that DIV’s annual dividend has increased from 25.0 cents per share to 27.5 cents per share effective July 1, 2025 as previously announced on June 17, 2025. In accordance with the dividend increase, DIV announced that its board of directors has approved a cash dividend of $0.02292 per common share for the period of July 1, 2025 to July 31, 2025, which is equal to $0.275 per common share on an annualized basis. The dividend will be paid on July 31, 2025 to shareholders of record as of the close of business on July 15, 2025. Declared Dividend • Jun 06
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 13th June 2025 Payment date: 30th June 2025 Dividend yield will be 8.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (153% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 70% to bring the payout ratio under control. EPS is expected to grow by 13% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Jun 04
Diversified Royalty Corp. Announces Cash Dividend for the Period of June 1, 2025 to June 30, 2025, Will Be Paid on June 30, 2025 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of June 1, 2025 to June 30, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on June 30, 2025 to shareholders of record as of the close of business on June 13, 2025. Reported Earnings • May 15
First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2025 results: EPS: CA$0.048. Revenue: CA$15.6m (up 3.7% from 1Q 2024). Net income: CA$7.99m (up 6.5% from 1Q 2024). Profit margin: 51% (up from 50% in 1Q 2024). Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates by 25%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Specialty Retail industry in Canada. Declared Dividend • May 05
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 15th May 2025 Payment date: 30th May 2025 Dividend yield will be 8.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (152% earnings payout ratio) nor is it adequately covered by cash flows (90.0% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 69% to bring the payout ratio under control. EPS is expected to grow by 26% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • May 03
Diversified Royalty Corp. announces Monthly dividend, payable on May 30, 2025 Diversified Royalty Corp. announced Monthly dividend of CAD 0.0208 per share payable on May 30, 2025, ex-date on May 15, 2025 and record date on May 15, 2025. Announcement • May 02
Diversified Royalty Corp. to Report Q1, 2025 Results on May 14, 2025 Diversified Royalty Corp. announced that they will report Q1, 2025 results on May 14, 2025 Announcement • Apr 14
Diversified Royalty Corp., Annual General Meeting, Jun 19, 2025 Diversified Royalty Corp., Annual General Meeting, Jun 19, 2025. Location: british columbia, vancouver Canada Declared Dividend • Apr 07
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 15th April 2025 Payment date: 30th April 2025 Dividend yield will be 9.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (152% earnings payout ratio) nor is it adequately covered by cash flows (90.0% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 69% to bring the payout ratio under control. EPS is expected to grow by 26% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Apr 04
Diversified Royalty Corp. Announces April 2025 Cash Dividend, Payable on April 30, 2025 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of April 1, 2025 to April 30, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on April 30, 2025 to shareholders of record as of the close of business on April 15, 2025. Reported Earnings • Mar 25
Full year 2024 earnings released: EPS: CA$0.16 (vs CA$0.22 in FY 2023) Full year 2024 results: EPS: CA$0.16 (down from CA$0.22 in FY 2023). Revenue: CA$65.0m (up 15% from FY 2023). Net income: CA$26.6m (down 16% from FY 2023). Profit margin: 41% (down from 56% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year. Recent Insider Transactions Derivative • Mar 16
Independent Director exercised options to buy CA$67k worth of stock. On the 12th of March, Garry Herdler exercised options to buy 25k shares at a strike price of around CA$2.76, costing a total of CA$68k. This transaction amounted to 18% of their direct individual holding at the time of the trade. Since March 2024, Garry's direct individual holding has increased from 83.29k shares to 135.23k. Company insiders have collectively bought CA$523k more than they sold, via options and on-market transactions, in the last 12 months. Declared Dividend • Mar 07
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 14th March 2025 Payment date: 31st March 2025 Dividend yield will be 9.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 36% to bring the payout ratio under control. However, EPS is expected to decline by 3.7% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Declared Dividend • Feb 09
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 14th February 2025 Payment date: 28th February 2025 Dividend yield will be 9.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 36% to bring the payout ratio under control. However, EPS is expected to decline by 3.7% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Feb 05
Diversified Royalty Corp. Announces February 2025 Cash Dividend, Payable on February 28, 2025 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of February 1, 2025 to February 28, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on February 28, 2025 to shareholders of record as of the close of business on February 14, 2025. Declared Dividend • Jan 06
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 15th January 2025 Payment date: 31st January 2025 Dividend yield will be 8.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 36% to bring the payout ratio under control. However, EPS is expected to decline by 3.7% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Jan 03
Diversified Royalty Corp. Announces January 2025 Cash Dividend, Payable on January 31, 2025 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of January 1, 2025 to January 31, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on January 31, 2025 to shareholders of record as of the close of business on January 15, 2025. Recent Insider Transactions Derivative • Dec 20
Key Executive exercised options to buy CA$364k worth of stock. On the 16th of December, Greg Gutmanis exercised options to buy 125k shares at a strike price of around CA$2.52, costing a total of CA$315k. This transaction amounted to 64% of their direct individual holding at the time of the trade. Since December 2023, Greg's direct individual holding has increased from 314.25k shares to 318.97k. Company insiders have collectively bought CA$649k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Dec 12
Independent Director exercised options to buy CA$156k worth of stock. On the 9th of December, Garry Herdler exercised options to buy 52k shares at a strike price of around CA$2.86, costing a total of CA$149k. This transaction amounted to 62% of their direct individual holding at the time of the trade. Since December 2023, Garry has owned 83.29k shares directly. Company insiders have collectively bought CA$570k more than they sold, via options and on-market transactions, in the last 12 months. Declared Dividend • Dec 06
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 13th December 2024 Payment date: 31st December 2024 Dividend yield will be 8.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 36% to bring the payout ratio under control. However, EPS is expected to decline by 3.7% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Dec 04
Diversified Royalty Corp. Announces December 2024 Cash Dividend, Payable on December 31, 2024 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of December 1, 2024 to December 31, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on December 31, 2024 to shareholders of record as of the close of business on December 13, 2024. Reported Earnings • Nov 08
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CA$0.042. Revenue: CA$16.1m (up 18% from 3Q 2023). Net income: CA$6.89m (flat on 3Q 2023). Profit margin: 43% (down from 50% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Specialty Retail industry in Canada. Declared Dividend • Nov 07
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 15th November 2024 Payment date: 29th November 2024 Dividend yield will be 8.2%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control. However, EPS is expected to decline by 2.7% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Nov 05
Diversified Royalty Corp. Announces November 2024 Cash Dividend, Payable on November 29, 2024 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of November 1, 2024 to November 30, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on November 29, 2024 to shareholders of record as of the close of business on November 15, 2024. Declared Dividend • Oct 07
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 15th October 2024 Payment date: 31st October 2024 Dividend yield will be 8.2%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control. However, EPS is expected to decline by 2.7% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Declared Dividend • Sep 08
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 8.8%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control, which is more than the 15% EPS growth achieved over the last 5 years. Announcement • Sep 04
Diversified Royalty Corp. Approves Cash Dividend for the Period of September 1, 2024 to September 30, 2024, Payable on September 27, 2024 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of September 1, 2024 to September 30, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on September 27, 2024 to shareholders of record as of the close of business on September 13, 2024. Reported Earnings • Aug 12
Second quarter 2024 earnings released: EPS: CA$0.05 (vs CA$0.064 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.05 (down from CA$0.064 in 2Q 2023). Revenue: CA$16.8m (up 19% from 2Q 2023). Net income: CA$8.21m (down 9.7% from 2Q 2023). Profit margin: 49% (down from 64% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Specialty Retail industry in Canada. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 07
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 15th August 2024 Payment date: 30th August 2024 Dividend yield will be 9.1%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control, which is more than the 16% EPS growth achieved over the last 5 years. Announcement • Aug 03
Diversified Royalty Corp. to Report First Half, 2024 Results on Aug 09, 2024 Diversified Royalty Corp. announced that they will report first half, 2024 results on Aug 09, 2024 Declared Dividend • Jul 08
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 15th July 2024 Payment date: 31st July 2024 Dividend yield will be 9.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control, which is more than the 16% EPS growth achieved over the last 5 years. Announcement • Jul 04
Diversified Royalty Corp. Announces July 2024 Cash Dividend, Payable on July 31, 2024 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of July 1, 2024 to July 31, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on July 31, 2024 to shareholders of record as of the close of business on July 15, 2024. Announcement • Jun 21
Diversified Royalty Corp. Elects Sherry McNeil as Director Diversified Royalty Corp. at its annual general meeting of shareholders held on June 20, 2024 elected Sherry McNeil as Director for the upcoming year. Declared Dividend • Jun 07
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 9.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control, which is more than the 16% EPS growth achieved over the last 5 years. Announcement • Jun 06
Diversified Royalty Corp. Approves a Cash Dividend for the Period of June 1, 2024 to June 30, 2024, Payable on June 28, 2024 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of June 1, 2024 to June 30, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on June 28, 2024 to shareholders of record as of the close of business on June 14, 2024. Recent Insider Transactions Derivative • May 23
Independent Director exercised options to buy CA$88k worth of stock. On the 21st of May, Johnny Ciampi exercised options to buy 32k shares at a strike price of around CA$2.83, costing a total of CA$91k. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. Since June 2023, Johnny's direct individual holding has increased from 1.10m shares to 1.20m. Company insiders have collectively bought CA$384k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: CA$0.049 (vs CA$0.047 in 1Q 2023) First quarter 2024 results: EPS: CA$0.049 (up from CA$0.047 in 1Q 2023). Revenue: CA$15.1m (up 22% from 1Q 2023). Net income: CA$7.51m (up 12% from 1Q 2023). Profit margin: 50% (down from 54% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Specialty Retail industry in Canada. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 08
Dividend of CA$0.021 announced Shareholders will receive a dividend of CA$0.021. Ex-date: 14th May 2024 Payment date: 31st May 2024 Dividend yield will be 8.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control, which is more than the 15% EPS growth achieved over the last 5 years. Announcement • May 03
Diversified Royalty Corp. Declares Cash Dividend for the Month of May 2024, Payable on May 31, 2024 Diversified Royalty Corp. announced that its board of directors has approved a cash dividend of $0.02083 per common share for the period of May 1, 2024 to May 31, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on May 31, 2024 to shareholders of record as of the close of business on May 15, 2024. Announcement • Apr 09
Diversified Royalty Corp., Annual General Meeting, Jun 20, 2024 Diversified Royalty Corp., Annual General Meeting, Jun 20, 2024.