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 foundrymanon Sep 19, 2019 1:58pm

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Post# 30144377

RE:Mr. Div

No need to apologize, I laughed at the Mrs. merger speculation!

I can’t speak for management, but I think the point of this company is to be your steady-Eddie reliable dividend component in a diversified portfolio. With all the turmoil nowadays, there is something really beautiful about a boring stock yielding 7-8%. I own a position I gradually add to when something more speculative pays off. Plan to hold DIV, forever, really.

There is no shortage on the Venture of high-risk, volatile plays. I think DIV is intended to be something different, of a much safer variety.

Lloyd_Blankfein wrote: Well, DIV has become a really boring stock. All we can do here now is speculate on their next royalty acquisition.

Since they seem to like to buy royalty streams from companies starting with "Mr." - and since they are a big dividend payer and dripping dividends is an important part of owning DIV - I predict their next aquisition will be Mr. Drip.

https://www.mrdrip.com/

It really exists and would make a nice tuck-in acquisition alongside Mr. Lube and Mr. Mikes.

With a few more "Mr." acquisitions the name of the company can be changed to Mr. Div.

And then perhaps merge with some "Mrs." company? Mr. Lube would probaby be quite attractive any number of Mrs. companies. On the other hand, Mr. Drip would not be... :-(

I'll shut up now. This is what being bored does to me.