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Diversified Royalty Corp. Announces Third Quarter 2025 Results and a 1¢ Dividend Increase on an Annual Basis
VANCOUVER, British Columbia, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DI...
About this update from Diversified Royalty Corp.
[{"type":"text","content":"Diversified Royalty Corp. Announces Third Quarter 2025 Results and a 1¢ Dividend Increase on an Annual Basis\n\n\n\n VANCOUVER, British Columbia, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce its financial results for three months ended September 30, 2025 (“Q3 2025”) and nine months ended September 30, 2025.\n \n\n\n Highlights\n \n\n\n\n The weighted average organic royalty growth\n \n 1\n \n of DIV’s diversified royalty portfolio was 5.0% in Q3 2025 and 4.5% for the nine months ended September 30, 2025, compared to 3.7% for the three months ended September 30, 2024 (“Q3 2024”) and 5.0% for the nine months ended September 30, 2024. The weighted average organic royalty growth\n \n 1\n \n on a constant currency basis was 4.3% in Q3 2025 and 4.1% for the nine months ended September 30, 2025, compared to 3.5% in Q3 2024 and 4.9% for the nine months ended September 30, 2024.\n \n\n Revenue was $18.3 million in Q3 2025 and $51.7 million for the nine months ended September 30, 2025, up 13.4% and 7.9%, respectively, compared to the same periods in 2024.\n \n\n Adjusted revenue\n \n 1\n \n was $19.6 million in Q3 2025 and $55.7 million for the nine months ended September 30, 2025, up 12.6% and 7.5%, respectively, compared to the same periods in 2024.\n \n\n Distributable cash\n \n 1\n \n was $13.1 million in Q3 2025 and $36.9 million for the nine months ended September 30, 2025, up 18.8% and 14.6%, respectively, compared to the same periods in 2024.\n \n\n Payout ratio\n \n 1\n \n was 89.3% in Q3 2025 based on dividends of $0.0688 per share for the quarter ($0.2750 per share annualized), compared to 94.1% in Q3 2024 based on dividends of $0.0625 per share for the comparable quarter ($0.2500 per share annualized), and 88.5% for the nine months ended September 30, 2025 based on dividends of $0.1938 per share for the period ($0.2750 per share annualized), compared to 93.0% based on dividends of $0.1862 per share for the comparable period ($0.2500 per share annualized).\n \n\n On July 1, 2025, DIV increased its annualized dividend from $0.2500 to $0.2750.\n \n\n DIV’s board of directors has approved an increase in DIV’s dividend policy to increase its annualized dividend ...