Diversified Royalty Corp (TSE:DIV) has released an update.
Diversified Royalty Corp. has declared a monthly cash dividend of $0.02083 per share for June 2024, amounting to an annualized payout of $0.25 per share, payable on June 28 to shareholders on record by June 14. The company, known for acquiring royalties from various North American multi-location businesses, owns trademarks in sectors ranging from quick service restaurants to home care providers, with a strategy focused on growing its cash flow per share and dividend payments.
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