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Diversified Royalty Corp. Announces September 2025 Cash Dividend
Globenewswire· 2025-09-03 21:05
Core Viewpoint - Diversified Royalty Corp. has announced a cash dividend of $0.02292 per common share for the period of September 1, 2025, to September 30, 2025, which annualizes to $0.275 per common share [1] Group 1: Dividend Announcement - The board of directors has approved a cash dividend of $0.02292 per common share for September 2025 [1] - The dividend will be paid on September 29, 2025, to shareholders of record as of September 15, 2025 [1] Group 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 [2] - The company's objective is to acquire predictable and growing royalty streams from a diverse group of businesses [2] Group 3: 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 [3] - Oxford Learning Centres offers supplemental education services, and Stratus Building Solutions is a commercial cleaning service franchise [3] - 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. [3] Group 4: Financial Strategy - The company's objective is to increase cash flow per share through accretive royalty purchases and growth of purchased royalties [4] - DIV aims to maintain a predictable and stable monthly dividend to shareholders and increase it over time as cash flow per share allows [4]
Diversified Royalty Corp. Announces August 2025 Cash Dividend and Q2 2025 Earnings Release Date
Globenewswire· 2025-08-05 21:05
Core Points - Diversified Royalty Corp. has announced a cash dividend of $0.02292 per common share for the period of August 1, 2025, to August 31, 2025, which annualizes to $0.275 per common share [1] - The dividend will be paid on August 29, 2025, to shareholders of record as of the close of business on August 15, 2025 [1] - The company will release its earnings results for the three and six months ended June 30, 2025, on August 6, 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 and 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 recognized as the leading quick lube service business in Canada, while AIR MILES® is the largest coalition loyalty program in the country [4] Financial Strategy - Diversified Royalty Corp. aims to increase cash flow per share through accretive royalty purchases and the growth of purchased royalties [5] - The company intends to maintain a predictable and stable monthly dividend to shareholders and plans to increase the dividend over time as cash flow per share allows [5]
Diversified Royalty Corp. Announces Filing of Final Short Form Base Shelf Prospectus
GlobeNewswire News Room· 2025-07-23 00:30
Core Viewpoint - Diversified Royalty Corp. has filed a final short form base shelf prospectus to maintain financial flexibility and access to Canadian capital markets for strategic initiatives [1][2]. Group 1: Prospectus Details - The prospectus is valid for a 25-month period, allowing DIV to issue various securities including common shares, warrants, and debt securities [2]. - Specific terms for any offerings will be detailed in shelf prospectus supplements filed at the time of the offering [2]. Group 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 aims to acquire predictable and growing royalty streams from a diverse group of businesses [3]. Group 3: 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 [4]. - Mr. Lube + Tires is recognized as the leading quick lube service in Canada, while AIR MILES® is the largest coalition loyalty program in the country [4]. Group 4: Financial Objectives - 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 for shareholders, with plans to increase it over time as cash flow per share allows [5].
Diversified Royalty Corp. Announces July 2025 Cash Dividend
Globenewswire· 2025-07-03 21:05
Core Viewpoint - Diversified Royalty Corp. has announced an increase in its annual dividend from 25.0 cents per share to 27.5 cents per share effective July 1, 2025, with a cash dividend of $0.02292 per common share for the period of July 1, 2025, to July 31, 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 and growing royalty streams from a diverse group of businesses and franchisors [2] Business Operations - 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 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 toasted sub sandwich franchise in the U.S. [3] Financial Strategy - The company aims to increase cash flow per share through accretive royalty purchases and the growth of purchased royalties [4] - DIV intends to maintain a predictable and stable monthly dividend to shareholders and increase the dividend over time as cash flow per share allows [4]
Diversified Royalty Corp. Announces June 2025 Cash Dividend
Globenewswire· 2025-06-03 21:05
Core Viewpoint - Diversified Royalty Corp. has announced a cash dividend of $0.02083 per common share for the period of June 1, 2025, to June 30, 2025, which annualizes to $0.25 per common share, to be paid on June 30, 2025, to shareholders of record as of June 13, 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 and growing royalty streams from a diverse group of businesses and franchisors [2] Business Operations - 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, and BarBurrito [3] - Mr. Lube + Tires is recognized as the leading quick lube service business in Canada, while AIR MILES® is the largest coalition loyalty program in the country [3] - Sutton is a prominent residential real estate brokerage franchisor, and Mr. Mikes operates casual steakhouse restaurants 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 leading commercial cleaning service franchise in the U.S., and BarBurrito is the largest quick-service Mexican restaurant chain in Canada [3] Financial Strategy - The company's goal 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 for shareholders and plans to increase the dividend over time as cash flow per share allows [4]