Brief: Diversified Royalty Says Net Income For Q4 Was $4.3 Million

Diversified Royalty

13/03/2020 24:10

March 12 (Reuters) - Diversified Royalty Corp  DIV.TO :
    * . ANNOUNCES FOURTH QUARTER AND YEAR END 2019 RESULTS
    * IN Q4 2019, GENERATED $8.4 MILLION OF REVENUE COMPARED TO
$7.2
MILLION IN THREE MONTHS ENDED DECEMBER 31, 2018
    * ANNUAL DIVIDEND ON DIVIDEND'S COMMON SHARES INCREASED 3.4%
FROM
22.25 CENTS PER SHARE TO 23 CENTS PER SHARE ON DECEMBER 1, 2019
    * NET INCOME FOR Q4 2019 WAS $4.3 MILLION
    * CO AND ITS ROYALTY PARTNERS MAY EXPERIENCE SOME
SHORT/MEDIUM
TERM NEGATIVE IMPACTS FROM COVID-19 OUTBREAK

Source text for Eikon:  ID:nGNX22Z2Zz 
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