Diversified Royalty Corp.·Industrials

VANCOUVER, British Columbia, April 02, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV, DIV.DB.A and DIV.DB.B) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02375 per common share for the period of April 1, 2026 to April 30, 2026, which is equal to $0.285 per common share on an annualized basis. The dividend will be paid on April 30, 2026 to shareholders of record as of the close of business on April 15, 2026.

VANCOUVER, British Columbia, April 01, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV, DIV.DB.A and DIV.DB.B) (the “Corporation” or “DIV”) announced today that effective April 1, 2026, DIV has purchased a US$0.9 million annualized incremental royalty from Cheba Hut Franchising, Inc. (“Cheba Hut”) for US$7.2 million.

Diversified Royalty offers a highly predictable, bond-like royalty stream with a counter-cyclical portfolio spanning nine businesses. Recent portfolio de-risking—especially Air Miles' shift to a fixed royalty—reduces execution risk for DIV:CA and enhances cash flow stability. Distributable cash and payout ratios remain comfortable, with FY 2025 payout at 88.1% and projected stability even under conservative scenarios.

VANCOUVER, British Columbia, March 19, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV, DIV.DB.A and DIV.DB.B) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months (“Q4 2025”) and year ended December 31, 2025.

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Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. The company owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was incorporated in 1992 and is headquartered in Vancouver, Canada.
Industrials
Conglomerates
43
2001-07-26
0.98