Dividend Information 2017
Diversified Royalty Corp.’s dividends are designated as eligible dividends for the purposes of the Income Tax Act (Canada).
Dividend Payments
Period
Record Date
Payment Date
Dividend per Share
Period: Dec 2017
Record Date: Dec 13, 2017
Payment Date: Dec 29, 2017
Dividend per Share: $0.01854
Period: Nov 2017
Record Date: Nov 15, 2017
Payment Date: Nov 30, 2017
Dividend per Share: $0.01854
Period: Oct 2017
Record Date: Oct 16, 2017
Payment Date: Oct 29, 2017
Dividend per Share: $0.01854
Period: Sep 2017
Record Date: Sep 15, 2017
Payment Date: Sep 29, 2017
Dividend per Share: $0.01854
Period: Aug 2017
Record Date: Aug 15, 2017
Payment Date: Aug 31, 2017
Dividend per Share: $0.01854
Period: Jul 2017
Record Date: Jul 14, 2017
Payment Date: Jul 31, 2017
Dividend per Share: $0.01854
Period: Jun 2017
Record Date: Jun 15, 2017
Payment Date: Jun 30, 2017
Dividend per Share: $0.01854
Period: May 2017
Record Date: May 15, 2017
Payment Date: May 31, 2017
Dividend per Share: $0.01854
Period: Apr 2017
Record Date: Apr 13, 2017
Payment Date: Apr 28, 2017
Dividend per Share: $0.01854
Period: Mar 2017
Record Date: Mar 15, 2017
Payment Date: Mar 31, 2017
Dividend per Share: $0.01854
Period: Feb 2017
Record Date: Feb 13, 2017
Payment Date: Feb 28, 2017
Dividend per Share: $0.01854
Period: Jan 2017
Record Date: Jan 16, 2017
Payment Date: Jan 31, 2017
Dividend per Share: $0.01854
Dividend Reinvestment Plan
When active, the Dividend Reinvestment Plan (DRIP) allows eligible holders of the Company’s common shares to reinvest some or all cash dividends paid in respect of their common shares in additional common shares of the Company. At the Company’s election, these additional common shares may be issued from treasury or purchased on the open market. If the Company elects to issue common shares from treasury, the common shares will be purchased under the DRIP at a 3% discount to the volume weighted average of the closing price for the common shares on the TSX for the five trading days immediately preceding the relevant dividend payment date. The Company may, from time to time, change or eliminate the discount applicable to common shares issued from treasury.
As announced on March 31, 2020, starting with the April 2020 monthly dividend, the Board approved the temporary suspension of the DRIP until further notice as the Board does not believe it is in the best interests of the Company or its shareholders to issue shares at current prices.