Diversified Royalty Corp. Declares Cash Dividend for September 2025
Diversified Royalty Corp. Announces Cash Dividend for September 2025
VANCOUVER — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A), hereinafter referred to as "the Corporation" or "DIV", is excited to share that its board of directors has approved a new cash dividend. This dividend amounts to $0.02292 per common share for the period stretching from the start of September until the end of the month. When viewed on an annualized basis, this equates to approximately $0.275 per common share. The scheduled payment date for this dividend is slated for September 29, 2025, and will be distributed to shareholders who hold shares as of the closing of business on September 15, 2025.
Understanding the Business Model of Diversified Royalty Corp.
Diversified Royalty Corp. is not your average corporation; it operates as a multi-royalty entity, strategically focusing on acquiring high-quality royalties from well-established businesses and franchisors throughout North America. With a keen emphasis on securing predictable and growth-oriented royalty streams, DIV aims to build a robust portfolio that represents a diverse spectrum of multi-location businesses.
Key Franchises Under Diversified Royalty Corp.
Among its numerous holdings, DIV boasts several notable trademarks. These include Mr. Lube + Tires, which stands out as Canada's leading quick lube service, and AIR MILES®, recognized as the country's largest coalition loyalty program. Additionally, Sutton ranks among the foremost residential real estate brokerage franchises in Canada. Moreover, Mr. Mikes showcases a range of casual steakhouse options primarily located in western Canada.
Furthermore, DIV's interests extend to Nurse Next Door, a nationally recognized home care service provider that operates in Canada, the United States, and even Australia. Oxford Learning Centres contributes to DIV's portfolio as a top-tier franchise providing supplemental education services. Stratus Building Solutions stands tall in the commercial cleaning sector, delivering comprehensive janitorial services primarily across the United States. The fast-food industry is represented by BarBurrito, marking its place as Canada's largest quick-service Mexican restaurant chain, while Cheba Hut adds a twist with its fast-casual toasted sub sandwich offerings found in various U.S. locations.
Future Objectives and Stable Dividends
Diversified Royalty Corp. is laser-focused on enhancing cash flow per share, achieved through strategic acquisitions and the growth of existing royalties. The company is dedicated to providing a predictable and stable monthly dividend to its shareholders, with a vision to increase this dividend over time as long as the growth in cash flow per share permits.
Ensuring Shareholder Value
At the core of Diversified Royalty Corp.'s operations is the commitment to maximizing shareholder value. The management team believes that through careful financial planning and acquisition strategies, they can sustain and potentially elevate dividend payouts in the future. Such a focus not only reflects confidence in the company’s revenue-generating capabilities but also shows a solid commitment to stakeholders.
Frequently Asked Questions
1. What is the amount of the declared dividend for September 2025?
The declared dividend is $0.02292 per common share for September 2025.
2. When will the dividend be paid?
The dividend payment date is set for September 29, 2025.
3. What are the criteria for shareholders to receive the dividend?
Shareholders must hold shares as of the close of business on September 15, 2025, to qualify for the dividend payment.
4. What types of businesses does Diversified Royalty Corp. invest in?
Diversified Royalty Corp. invests in well-managed multi-location businesses and franchisors across various sectors.
5. How does Diversified Royalty Corp. aim to increase cash flow?
They plan to increase cash flow per share through strategic royalty purchases and the growth of existing purchased royalties.
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