Dividend Information 2021

Dividend Information 2021

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

Jul 2021

Jul 15, 2021

Jul 30, 2021

Dividend per Share: $0.01667

Jun 2021

Jun 15, 2021

Jun 30, 2021

Dividend per Share: $0.01667

May 2021

May 14, 2021

May 31, 2021

Dividend per Share: $0.01667

Apr 2021

Apr 15, 2021

Apr 30, 2021

Dividend per Share: $0.01667

Mar 2021

Mar 15, 2021

Payment Date: Mar 31, 2021

Dividend per Share: $0.01667

Period: Feb 2021

Record Date: Feb 11, 2021

Payment Date: Feb 26, 2021

Dividend per Share: $0.01667

Period: Jan 2021

Record Date: Jan 15, 2021

Payment Date: Jan 29, 2021

Dividend per Share: $0.01667

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.

On January 6, 2021, effective with the January 2021 monthly dividend, the Board approved the reinstatement of the DRIP. Eligible shareholders who were previously enrolled in the DRIP at the time of suspension, and remained enrolled in the DRIP, will automatically resume participation in the DRIP.