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Diversified Royalty Corp (DIV.TO)

DIV.TO on Toronto Stock Exchange

2.57CAD
14 Nov 2018
Change (% chg)

$0.00 (+0.00%)
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$2.57
Open
$2.67
Day's High
$2.68
Day's Low
$2.55
Volume
304,190
Avg. Vol
162,054
52-wk High
$3.74
52-wk Low
$2.55

Latest Key Developments (Source: Significant Developments)

Diversified Royalty Announces Q4 And 2017 Annual Financial Results
Friday, 30 Mar 2018 

March 29 (Reuters) - Diversified Royalty Corp ::DIVERSIFIED ROYALTY CORP. ANNOUNCES FOURTH QUARTER AND 2017 ANNUAL RESULTS.DIVERSIFIED ROYALTY CORP - IN Q4 OF 2017, DIVIDEND GENERATED $6.9 MILLION OF ROYALTY REVENUE AND MANAGEMENT FEES COMPARED TO $6.4 MILLION IN Q4 OF 2016.DIVERSIFIED ROYALTY CORP - NET INCOME FOR Q4 OF 2017 WAS $3.5 MILLION, VERSUS NET INCOME OF $5.3 MILLION IN THE PRIOR YEAR.  Full Article

Diversified Royalty announces Q3 results
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Diversified Royalty Corp ::Says ‍net income for Q3 of 2017 was $3.1 million, compared to a net loss of $0.3 million in prior year​.  Full Article

Diversified Royalty on June 20, Co's unit, amends credit agreement to extend maturity of credit facility to June 30, 2022
Thursday, 6 Jul 2017 

July 5 (Reuters) - Diversified Royalty Corp ::Diversified Royalty Corp announces July 2017 cash dividend, amendment of SGRS Royalties LP credit facility, Sutton royalty rate increase, and q2 2017 earnings release date.Diversified Royalty- on June 20, Co's unit that owns Sutton trademarks, amended credit agreement to extend maturity of credit facility to June 30, 2022.Diversified Royalty Corp - effective July 1, Sutton monthly royalty rate increased from $57.375 per agent to $58.5225 per agent.Diversified Royalty - ‍in addition, amendment provides an improvement of 25 basis points compared to interest rate under sgrs lp's previous credit facility​.  Full Article

Diversified Royalty Q1 revenue of $4.1 million
Friday, 12 May 2017 

May 11 (Reuters) - Diversified Royalty Corp ::Diversified Royalty Corp announces first quarter results.Revenues of $4.1 million for Q1.Diversified royalty-combined same-store-sales-growth for Mr. Lube Canada Limited Partnership & Sutton Group Realty Services Ltd of positive 2.5% for q1.  Full Article

Diversified Royalty Corp announces Q4 revenue C$6.4 mln
Wednesday, 29 Mar 2017 

Diversified Royalty Corp : Diversified Royalty Corp. announces fourth quarter and 2016 annual results . Q4 revenue C$6.4 million . Net income for Q4 was $5.3 million, an increase of $3.6 million compared to same period in prior year .Diversified Royalty - Same-store-sales-growth for Mr. Lube Canada Limited partnership and sutton combined of positive 5.3 percent for Q4 and positive 4.3 percent for FY.  Full Article

Diversified Royalty Corp. announces final resolution of John Bennett indemnity litigation
Thursday, 8 Dec 2016 

Diversified Royalty Corp : Diversified Royalty Corp. announces final resolution of John Bennett indemnity litigation . Says co has agreed to make payment of $1.1 million in full satisfaction of all remaining and potential liabilities . All of proceedings currently existing between parties will be dismissed on consent without costs . Bennett has signed a full and final release of all past, present and future claims against corporation .As part of settlement, dividend's payments of $7.5 million versus $8.6 million accrued on dividend's balance sheet to result in $1.1 million accounting gain.  Full Article