Page title
Section title
- Dividend Yield
- 8.62%
- Payout Ratio
- 39.68%
- Dividend Amount Per Share
- $0.25
- Last Ex-Dividend Date
- Sep 13, 2024
DIV.TO Dividend Safety
DIV.TO paid out 39.68% of its $32M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
DIV.TO's Dividend Payout Ratio of 39.68% is considered safe for the Industrials sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
DIV.TO's Interest Coverage Ratio of 3.514 indicates strong financial health with easy coverage of interest expenses.
Income Quality
DIV.TO has moderate income quality with a ratio of 0.971. This suggests reasonable stability but some risk of dividend cuts.
DIV.TO Dividend Growth
Diversified Royalty Corp.(DIV.TO) offers a dividend yield of 8.62% and pays $0.25 in dividends per share. Explore the historical dividend growth of DIV.TO.
Dividend Stability
DIV.TO has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.
Dividend Growth
DIV.TO's dividend payments have shown moderate growth, growing by 2.357% annually over the last 5 years.
Earnings Growth
DIV.TO's earnings have grown by 17.7% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
DIV.TO Dividend Yield Attractiveness
Diversified Royalty Corp.(DIV.TO) provides a dividend yield of 8.62%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.90%
5.98%
6.25%
8.62%
Dividend Yield
DIV.TO's dividend yield of 8.62% is considered high compared to the sector average of 2.901%, indicating a higher potential risk for investors.
DIV.TO Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Diversified Royalty Corp.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.