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Diversified Royalty Corp. announces $0.02 monthly dividend, plans growth with $54M offering.
Diversified Royalty Corp. announced a monthly dividend of $0.02 per share, payable on March 31 to shareholders on record the same day, with an annual yield of 9.04%.
The company, which acquires royalties from multi-location businesses and franchisors in North America, reported strong financials, including a current ratio of 4.28 and a market cap of C$421.95 million.
It also plans to support growth with a recent $54 million public offering.
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Diversified Royalty Corp. anuncia dividendo mensual de $0.02, planes de crecimiento con $54M oferta.