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Diversified Royalty remains a 'Buy' with a base-case price target of $4.70, offering ~14% upside and a 6.9% yield. The Mr. Lube acquisition shifts DIV from a pure royalty model to a hybrid platform, increasing exposure to unit economics and EBITDA growth. Net long-term debt rose to $401 million post-acquisition, but Mr. Lube's adjusted EBITDA is projected at $58.7 million for FY 2025, supporting payout sustainability.

VANCOUVER, British Columbia, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV, DIV.DB.A and DIV.DB.B) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended June 30, 2026 (“Q2 2026”) and six months ended June 30, 2026.