Diversified Royalty delivered a decent quarter and hiked its dividend by 10%. The company's latest acquisition supports the move. We break down the numbers and tell you where we stand.
Diversified Royalty offers a diversified, shock-resistant royalty portfolio with an 8% yield, appealing to income-focused investors seeking stable, growing dividends. The recent Cheba Hut acquisition triggered a record 10% dividend hike and secures 50 years of inflation-protected royalty income, supporting long-term growth. Despite a high payout ratio of nearly 95%, strong cash flows, DRIP coverage, and prudent debt management make the dividend sustainable.
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BEVF BEVFF 1 month ago Paid | Monthly | $0.02 Per Share |
BEVF BEVFF 1 month ago Paid | Monthly | $0.01 Per Share |
BEVF BEVFF 2 months ago Paid | Monthly | $0.01 Per Share |
BEVF BEVFF 3 months ago Paid | Monthly | $0.01 Per Share |
BEVF BEVFF 4 months ago Paid | Monthly | $0.01 Per Share |
7 May 2025 Date | | 0.04 Cons. EPS | 0.04 EPS |
19 Mar 2025 Date | | 0.05 Cons. EPS | 0.06 EPS |
6 Nov 2024 Date | | 0.03 Cons. EPS | 0.03 EPS |
12 Aug 2024 Date | | 0.04 Cons. EPS | - EPS |
9 Aug 2024 Date | | 0.05 Cons. EPS | 0.05 EPS |
BEVF BEVFF 1 month ago Paid | Monthly | $0.02 Per Share |
BEVF BEVFF 1 month ago Paid | Monthly | $0.01 Per Share |
BEVF BEVFF 2 months ago Paid | Monthly | $0.01 Per Share |
BEVF BEVFF 3 months ago Paid | Monthly | $0.01 Per Share |
BEVF BEVFF 4 months ago Paid | Monthly | $0.01 Per Share |
7 May 2025 Date | | 0.04 Cons. EPS | 0.04 EPS |
19 Mar 2025 Date | | 0.05 Cons. EPS | 0.06 EPS |
6 Nov 2024 Date | | 0.03 Cons. EPS | 0.03 EPS |
12 Aug 2024 Date | | 0.04 Cons. EPS | - EPS |
9 Aug 2024 Date | | 0.05 Cons. EPS | 0.05 EPS |
Conglomerates Industry | Industrials Sector | Mr. Sean Morrison C.A., CPA CEO | OTC PINK Exchange | CA2553311002 ISIN |
Canada Country | 39 Employees | 13 Jun 2025 Last Dividend | 5 Jul 2002 Last Split | - IPO Date |
Diversified Royalty Corp. is a multi-royalty corporation based in Vancouver, Canada. Established in 1960, the company specializes in acquiring royalties from multi-location businesses and franchisors throughout North America. Initially known as BENEV Capital Inc., it underwent a rebranding to Diversified Royalty Corp. in September 2014. The corporation's business model focuses on owning trademarks and leveraging these assets to generate royalty income, capitalizing on the branding and operational success of its diverse portfolio of companies.
A revered trademark in the real estate sector, reflecting Diversified Royalty Corp.'s investment in property-related royalties.
An iconic brand in the automotive maintenance and tire service industry, representing the corporation's stake in vehicle care and servicing royalties.
One of the leading loyalty programs in North America, showcasing the company's involvement in consumer reward programs and related royalties.
A well-known casual dining restaurant chain, indicating the entity's investment in the hospitality and food service royalty sector.
A prominent home care services brand, reflecting the company's dedication to healthcare and elder care service royalties.
A leading name in tutoring and educational services, representing the corporation's commitment to royalties in the education sector.
A notable brand in commercial cleaning and janitorial services, showcasing Diversified Royalty Corp.'s investment in maintenance and cleaning service royalties.
A fast-growing Mexican food chain, indicating the company's foothold in the fast casual dining sector and related royalties.