Dividend announced Vancouver, BC,February 2, 2021Diversified Royalty Corp. (TSX:DIVand DIV.DB) (the Corporation or DIV) is pleased to announce that its board of directors has approved a cash dividend of $0.01667per common share for the period ofFebruary 1, 2021toFebruary 28, 2021, which is equal to $0.20per common share on an annualized basis. The dividend will be paid onFebruary 26, 2021to shareholders of recordas of the close of businessonFebruary 11, 2021.