Diversified Royalty Corp. Announces February 2026 Cash Dividend
Globenewswire·2026-02-04 22:05

Core Viewpoint - Diversified Royalty Corp. has announced a cash dividend of $0.02375 per common share for February 2026, equating to an annualized rate of $0.285 per share, to be paid on February 27, 2026, to shareholders of record as of February 13, 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] Business Portfolio - The company currently owns trademarks for several brands, including Mr. Lube + Tires, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito, Cheba Hut, and AIR MILES® [3] - Mr. Lube + Tires is recognized as the leading quick lube service in Canada, while Sutton is a prominent residential real estate brokerage franchisor [3] - Other notable brands include Mr. Mikes, a casual steakhouse chain, and Nurse Next Door, a home care provider operating in Canada, the U.S., and Australia [3] Financial Strategy - The company aims to increase cash flow per share through accretive royalty purchases and the growth of purchased royalties [4] - Diversified Royalty Corp. intends to maintain a predictable and stable monthly dividend for shareholders, with plans to increase the dividend over time as cash flow per share allows [4]

Diversified Royalty Corp. Announces February 2026 Cash Dividend - Reportify