ANNOUNCES JANUARY 2021 DIVIDEND AND REINSTATEMENT OF DRIP Diversified Royalty Corp. will pay a cash dividend of 1.667 cents per common share for the period of Jan. 1, 2021, to Jan. 31, 2021, which is equal to 20 cents per common share on an annualized basis. The dividend will be paid on Jan. 29, 2021, to shareholders of record as of the close of business on Jan. 15, 2021.
Reinstatement of dividend reinvestment plan (DRIP)
DIV also announced today that the board of directors of the corporation approved the reinstatement of the DRIP, commencing with the dividend payable to shareholders in respect of the month of January, 2021. Shareholders who were enrolled in the DRIP at the time of its suspension and have not subsequently withdrawn will automatically resume participation in the DRIP.