Diversified Royalty Corp. Announces January 2026 Cash Dividend
Globenewswire·2026-01-05 22:05

Core Viewpoint - Diversified Royalty Corp. has announced a cash dividend of $0.02375 per common share for January 2026, equating to an annualized rate of $0.285 per share, to be paid on January 30, 2026 [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 and growing royalty streams from a diverse group of businesses and franchisors [2] Current Holdings - DIV 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 in Canada, while AIR MILES® is the largest coalition loyalty program in the country [3] - Sutton is a leading residential real estate brokerage franchisor, and Mr. Mikes operates casual steakhouses primarily in Western Canada [3] - Nurse Next Door provides home care services across Canada, the U.S., and Australia, while Oxford Learning Centres offers supplemental education services [3] - 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 sub sandwich franchise in the U.S. [3] Financial Strategy - The company aims to increase cash flow per share through accretive royalty purchases and growth of purchased royalties [4] - DIV intends to maintain a predictable and stable monthly dividend for shareholders and plans to increase the dividend over time as cash flow per share allows [4]