Diversified Royalty Corp. Announces December 2025 Cash Dividend
Globenewswire·2025-12-03 22:05

Core Points - Diversified Royalty Corp. has increased its annual dividend from $0.275 per share to $0.285 per share effective December 1, 2025, with a cash dividend of $0.02375 per common share for the period of December 1, 2025, to December 31, 2025 [1] - The dividend will be paid on December 31, 2025, to shareholders of record as of the close of business on December 15, 2025 [1] 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 [2] - The company's objective is to acquire predictable, growing royalty streams from a diverse group of businesses and franchisors [2] Current Holdings - DIV 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 [3] - Mr. Lube + Tires is the leading quick lube service business in Canada, while AIR MILES® is Canada's largest coalition loyalty program [3] - Other notable holdings include Sutton, a leading residential real estate brokerage franchisor, and BarBurrito, the largest quick service Mexican restaurant chain in Canada [3] Financial Strategy - The company's strategy is to increase cash flow per share through accretive royalty purchases and the growth of purchased royalties [4] - DIV aims to maintain a predictable and stable monthly dividend to shareholders and increase the dividend over time as cash flow per share allows [4]