Closing Bell: Diversified Royalty Corp down on Tuesday (DIV)

In trading today, shares of Diversified Royalty Corp opened at $2.70 and closed at $2.73. Intraday prices ranged from $2.69 to $2.74.

Shares dipped -0.36 percent from the previous day's close of $2.74.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

Diversified Royalty Corp traded under DIV on the Toronto Stock Exchange (TSX).

Trading volume was 319,410 on 512 total trades, with an average volume of 239,219 over the last 5 days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, DIV.TO has traded as high as $2.97 (May 10,2024) and low as $2.35 (October 30,2023). Moreover, the shares have decreased -5.86% in the last year, while in 2024, they have dipped 0.00%.

It announced a 0.02 dividend on August 02/24, with an August 15/24 ex-date and August 30/24 pay day.

Following today's trading, Diversified Royalty Corp has a market capitalization of $451.66 million on a float of 164,840 shares outstanding. Its annual EPS is $0.22.

Diversified Royalty Corp is a TSX Conglomerates company headquartered in Vancouver, CAN.

Currently, Diversified Royalty Corp's consensus rating is "Moderate Buy" based on 4 analysts according to Zacks. From those 4 analysts, 3 have buy ratings and 1 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..