Diversified Royalty (TSE:DIV) has released an update.
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Diversified Royalty Corp. has raised its annual dividend to 25 cents per share starting March 2024, with a March dividend of $0.02083 per share to be paid to shareholders of record by March 15, 2024. The company, which owns a portfolio of trademarks from various North American businesses, will also release its Q4 2023 earnings on March 21, 2024, after market close. The increase in dividend is part of DIV’s strategy to deliver stable and potentially growing cash flows to shareholders.
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