Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Thursday, September 13th, TickerTech reports. Investors of record on Friday, September 28th will be given a dividend of 0.0185 per share on Friday, September 28th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date is Thursday, September 13th.
Shares of DIV traded up C$0.03 during trading hours on Friday, reaching C$3.22. 74,900 shares of the company traded hands, compared to its average volume of 149,345. Diversified Royalty has a fifty-two week low of C$2.84 and a fifty-two week high of C$3.74.
In other Diversified Royalty news, Director Lawrence P. Haber sold 16,700 shares of the firm’s stock in a transaction dated Thursday, June 14th. The stock was sold at an average price of C$3.24, for a total value of C$54,108.00. Also, Director Johnny Ciampi purchased 25,000 shares of the firm’s stock in a transaction on Thursday, June 28th. The stock was acquired at an average cost of C$3.02 per share, for a total transaction of C$75,500.00.
Diversified Royalty Company Profile
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It primarily holds the Canadian and United States trademarks and other intellectual property rights related to the Original Joe's, Elephant & Castle, and State & Main restaurant businesses.
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