Asia FX cautious amid US govt shutdown; yen tumbles after Takaichi’s LDP win
VANCOUVER - Diversified Royalty Corp. (TSX:DIV) announced Thursday it will pay a monthly cash dividend of $0.02292 per common share for October 2025, equivalent to $0.275 on an annualized basis. The stock currently offers an attractive 7.29% dividend yield, according to InvestingPro data.
The dividend will be paid on October 31 to shareholders of record as of October 15, according to a company press release.
Diversified Royalty Corp is a multi-royalty corporation that acquires top-line royalties from multi-location businesses and franchisors across North America. The company currently owns trademarks for nine brands including Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito and Cheba Hut.
The company’s business model focuses on acquiring predictable, growing royalty streams from diverse businesses. DIV aims to increase cash flow per share through accretive royalty purchases and growth of purchased royalties.
The Toronto-listed company states its objective is to continue paying stable monthly dividends to shareholders and increase these dividends over time as cash flow permits.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.