Holding types
Countries
Sectors
Analyst ratings
Market Data
Dividend
VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of December 1, 2024 to December 31, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on December 31, 2024 to shareholders of record as of the close of business on December 13, 2024.
DIV offers a high dividend yield of 5.6%, appealing in a high interest rate environment, but has a subpar historical performance and slow growth profile. The ETF focuses on high-yield, low-volatility U.S. stocks, with significant allocations to utilities, energy, and real estate, but limited exposure to technology. DIV's valuation is low, with a P/E ratio of 14.0x, but its earnings growth and dividend growth are weaker compared to peers and the broader market.
The Global X SuperDividend U.S. ETF shows poor long-term performance, underperforming even to its benchmark index. Despite a 5.57% dividend yield, DIV's total returns over five and ten years are significantly lower than the S&P 500. The ETF's sharp declines during market downturns contradict its "low-volatility" label, making it unsuitable for conservative investors.
Navigating today's market as a dividend investor is challenging due to high valuations, lower yields, and a tough risk/reward environment. I remain committed to high-quality dividend stocks, especially those poised to benefit from potential market rotations. Opportunities exist in undervalued cyclical areas that may gain momentum as economic growth broadens.
For investors seeking momentum, Global X SuperDividend U.S. ETF DIV is probably on the radar. The fund just hit a 52-week high and is up 19.1% from its 52-week low of $15.69 per share.
VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended September 30, 2024 (“Q3 2024”) and nine months ended September 30, 2024.
VANCOUVER, British Columbia, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of November 1, 2024 to November 30, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on November 29, 2024 to shareholders of record as of the close of business on November 15, 2024.
These three ETFs will perform differently across various market conditions, but they will do what it takes to maintain their monthly distributions.
VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of October 1, 2024 to October 31, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on October 31, 2024 to shareholders of record as of the close of business on October 15, 2024.
The S&P 500 and the Nasdaq Composite declined for a second straight session in a lackluster start to September. A lackluster manufacturing report for the U.S. economy and the tech selloff mainly led to the slump.
FAQ
- What is DIV ETF?
- Does DIV pay dividends?
- What stocks are in DIV ETF?
- What is the current assets under management for DIV?
- What is DIV average volume?
- What is DIV expense ratio?
- What is DIV inception date?