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Diversified Royalty Corp ( (TSE:DIV) ) just unveiled an announcement.
Diversified Royalty Corp. has launched a $50 million bought deal public offering of 5.75% convertible unsecured subordinated debentures, with an additional $7.5 million over-allotment option, maturing March 31, 2031 and convertible into common shares at $5.35, subject to specified redemption terms tied to the company’s share price performance. The company plans to use the net proceeds to repay amounts outstanding under its acquisition facility, fund expected additions to royalty pools of certain royalty partners, and for general corporate purposes, effectively replenishing its borrowing capacity to support future acquisitions and ongoing portfolio growth, with the deal expected to close on or about February 9, 2026, pending regulatory and TSX approval.
The most recent analyst rating on (TSE:DIV) stock is a Buy with a C$4.50 price target. To see the full list of analyst forecasts on Diversified Royalty Corp stock, see the TSE:DIV Stock Forecast page.
Spark’s Take on TSE:DIV Stock
According to Spark, TipRanks’ AI Analyst, TSE:DIV is a Neutral.
The score is driven primarily by mixed financial performance: strong profitability and growth but meaningfully constrained by negative/volatile free cash flow and rising leverage. Technicals are supportive with price above major moving averages and positive MACD, while valuation is helped by a high dividend yield but tempered by a mid-range P/E.
To see Spark’s full report on TSE:DIV stock, click here.
More about Diversified Royalty Corp
Diversified Royalty Corp. is a Canadian royalty company that acquires and manages royalties from a portfolio of businesses, using an acquisition facility to fund deals and expand its royalty pools with various operating partners.
Average Trading Volume: 251,478
Technical Sentiment Signal: Buy
Current Market Cap: C$604.8M
For detailed information about DIV stock, go to TipRanks’ Stock Analysis page.