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Diversified Royalty (Diversified Royalty) Dividend Payout Ratio : 1.44 (As of Dec. 2023)


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What is Diversified Royalty Dividend Payout Ratio?

Diversified Royalty's dividend payout ratio for the months ended in Dec. 2023 was 1.44.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Diversified Royalty Corp is 1.33, which seems too high.

The historical rank and industry rank for Diversified Royalty's Dividend Payout Ratio or its related term are showing as below:

BEVFF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.68   Max: 2
Current: 1.34


During the past 13 years, the highest Dividend Payout Ratio of Diversified Royalty was 2.00. The lowest was 0.15. And the median was 1.68.

BEVFF's Dividend Payout Ratio is ranked worse than
92.96% of 284 companies
in the Conglomerates industry
Industry Median: 0.31 vs BEVFF: 1.34

As of today (2024-04-25), the Dividend Yield % of Diversified Royalty is 8.83%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Diversified Royalty was 15.85%. The lowest was 1.09%. And the median was 7.71%.

Diversified Royalty's Dividends per Share for the months ended in Dec. 2023 was $0.05.

During the past 12 months, Diversified Royalty's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Diversified Royalty was 92.80% per year. The lowest was -2.60% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Diversified Royalty Dividend Payout Ratio Historical Data

The historical data trend for Diversified Royalty's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Diversified Royalty Dividend Payout Ratio Chart

Diversified Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.72 1.45 1.55 1.34

Diversified Royalty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.14 1.38 1.32 1.22 1.44

Competitive Comparison of Diversified Royalty's Dividend Payout Ratio

For the Conglomerates subindustry, Diversified Royalty's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diversified Royalty's Dividend Payout Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Diversified Royalty's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Diversified Royalty's Dividend Payout Ratio falls into.



Diversified Royalty Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Diversified Royalty's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.18/ 0.134
=1.34

Diversified Royalty's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.046/ 0.032
=1.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Diversified Royalty (OTCPK:BEVFF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Diversified Royalty Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Diversified Royalty's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Diversified Royalty (Diversified Royalty) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.