Diversified Royalty Corp. Announces March 2026 Cash Dividend
Globenewswire·2026-03-04 22:05

Core Viewpoint - Diversified Royalty Corp. has announced a cash dividend of $0.02375 per common share for the period of March 1, 2026, to March 31, 2026, which annualizes to $0.285 per common share [1] Group 1: Dividend Announcement - The board of directors has approved a cash dividend of $0.02375 per common share for March 2026 [1] - The dividend will be paid on March 31, 2026, to shareholders of record as of March 13, 2026 [1] Group 2: Earnings Release - DIV will release its earnings results for the three months and year ended December 31, 2025, on March 19, 2026, after the close of trading on the Toronto Stock Exchange [2] Group 3: 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 [3] Group 4: Current Holdings - DIV 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® [4] - Mr. Lube + Tires is the leading quick lube service business in Canada, while Sutton is a leading residential real estate brokerage franchisor [4] Group 5: Financial Strategy - The company's objective is to increase cash flow per share through accretive royalty purchases and growth of purchased royalties [5] - DIV intends to maintain a predictable and stable monthly dividend to shareholders and aims to increase the dividend over time as cash flow per share allows [5]

Diversified Royalty Corp. Announces March 2026 Cash Dividend - Reportify