Dividend Information 2022

Dividend Information 2022

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

May 2022

May 13, 2022

May 31, 2022

Dividend per Share: $0.01833

Apr 2022

Apr 14, 2022

Apr 29, 2022

Dividend per Share: $0.01833

Mar 2022

Mar 15, 2022

Mar 31, 2022

Dividend per Share: $0.01833

Feb 2022

Feb 15, 2022

Feb 28, 2022

Dividend per Share: $0.01833

Jan 2022

Jan 14, 2022

Jan 31, 2022

Dividend per Share: $0.01833

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.