Dividend Information 2015
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 2015
Record Date: Dec 18, 2015
Payment Date: Dec 31, 2015
Dividend per Share: $0.01854
Period: Nov 2015
Record Date: Nov 20, 2015
Payment Date: Nov 30, 2015
Dividend per Share: $0.01854
Period: Oct 2015
Record Date: Oct 23, 2015
Payment Date: Oct 30, 2015
Dividend per Share: $0.01854
Period: Sep 2015
Record Date: Sep 23, 2015
Payment Date: Sep 30, 2015
Dividend per Share: $0.01667
Period: Aug 2015
Record Date: Aug 24, 2015
Payment Date: Aug 31, 2015
Dividend per Share: $0.01667
Period: Jul 2015
Record Date: Jul 24, 2015
Payment Date: Jul 31, 2015
Dividend per Share: $0.01570
Period: Jun 2015
Record Date: Jun 23, 2015
Payment Date: Jun 30, 2015
Dividend per Share: $0.01570
Period: May 2015
Record Date: May 22, 2015
Payment Date: May 29, 2015
Dividend per Share: $0.01570
Period: Apr 2015
Record Date: Apr 23, 2015
Payment Date: Apr 30, 2015
Dividend per Share: $0.01570
Period: Mar 2015
Record Date: Mar 24, 2015
Payment Date: Mar 31, 2015
Dividend per Share: $0.01570
Period: Feb 2015
Record Date: Feb 20, 2015
Payment Date: Febr 27, 2015
Dividend per Share: $0.01570
Period: Jan 2015
Record Date: Jan 23, 2015
Payment Date: Jan 30, 2015
Dividend per Share: $0.01570
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.