Dividend Information 2014

Dividend Information 2014

Diversified Royalty Corp.’s dividends are designated as eligible dividends for the purposes of the Income Tax Act (Canada).

Dividend Payments


Record Date

Payment Date

Dividend per Share

Period: Dec 2014

Record Date​: Dec 22, 2014

Payment Date: Dec 29, 2014

Dividend per Share: $0.0157

Period: Nov 2014

Record Date​: Nov 21, 2014

Payment Date: Nov 28, 2014

Dividend per Share: $0.0157

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.