Diversified Royalty Corp T.DIV

Alternate Symbol(s): BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations across Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is North America’s growing home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is a franchised supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is a quick-service Mexican restaurant chain.

TSX:DIV - Post by User

Diversified Royalty Corp

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Comment by akreskinon Mar 18, 2019 12:17pm

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Post# 29500867

RE:RE:DIV

thanks for clarifying. a more typical approach is to not pull the trigger on the new capital raise until the new deal is totalling binding. this is a ton of cash drag on earnings for a smallish issuer sold principally off of div yield with modest growth upside. to your point that the cash was for a deal, getting the cash out at 8% or more asap will get the payout ratio in line. will watch for that.

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