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Diversified Royalty Corp T.DIV

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

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 > Target Raised
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Comment by Shirtlessnomoreon Jul 30, 2021 9:56am
94 Views
Post# 33631547

RE:RE:RE:RE:RE:Target Raised

RE:RE:RE:RE:RE:Target RaisedBTT
JayBanks wrote:

I must be crazy, I don't see the catalysts forming that are gonna shoot this price up 20-40%, I feel it's overpriced now on its historical basis, and it's rather unknown that I don't see the major interest jumping.

I would be very pleased with your high hopes, but even with an expected dividend increase my projections of where it 'should' land are sub $3. It would take a very substantial asset purchase for things to jump significantly in my opinion. And I do hope it happens, but on what we have currently I'm happy at $2.50 and hope when I get some free cash flow myself it dips a bit so I can increase my position at an attractive price. I'm very content pulling in my 9.3% dividend and maybe 2-5% growth per year.

How do you expect a $4 share price on a royalty stock that hardly crested $3.30 at good times. I would think the instability that we have seen over the years in this share price would push more people away than into this name.



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