Core Points - Diversified Royalty Corp. has announced a cash dividend of $0.02292 per common share for the period of November 1, 2025, to November 30, 2025, which annualizes to $0.275 per common share [1] - The dividend will be paid on November 28, 2025, to shareholders of record as of the close of business on November 14, 2025 [1] - The company will release its earnings results for the three and nine months ended September 30, 2025, on November 12, 2025 [2] Company Overview - Diversified Royalty Corp. is a multi-royalty corporation focused on acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America [3] - The company's objective is to acquire predictable, growing royalty streams from a diverse group of businesses and franchisors [3] Current Holdings - The company currently owns trademarks for several brands, including Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito, and Cheba Hut [4] - Mr. Lube + Tires is the leading quick lube service business in Canada, while AIR MILES® is the largest coalition loyalty program in the country [4] - Sutton is a leading residential real estate brokerage franchisor, and Mr. Mikes operates casual steakhouses primarily in western Canada [4] - Nurse Next Door provides home care services across Canada, the U.S., and Australia, while Oxford Learning Centres offers supplemental education services [4] - Stratus Building Solutions is a commercial cleaning service franchise, BarBurrito is the largest quick-service Mexican restaurant chain in Canada, and Cheba Hut is a fast-casual toasted sub sandwich franchise in the U.S. [4] Financial Strategy - The company's objective is to increase cash flow per share through accretive royalty purchases and the growth of purchased royalties [5] - Diversified Royalty Corp. intends to maintain a predictable and stable monthly dividend for shareholders and aims to increase the dividend over time as cash flow per share allows [5]
Diversified Royalty Corp. Announces November 2025 Cash Dividend and Q3 2025 Earnings Release Date
Globenewswire·2025-11-03 22:05