Dividend Information 2024

Dividend Information 2024

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

June 2024

June 14, 2024

June 28, 2024

0.02083

May 2024

May 15, 2024

May 31, 2024

0.02083

April 2024

April 15, 2024

April 30, 2024

0.02083

March 2024

March 15, 2024

March 28, 2024

0.02083

February 2024

February 15, 2024

February 29, 2024

0.02042

January 2024

January 15, 2024

January 31, 2024

0.02042

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.