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Diversified Royalty Corp T.DIV

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

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

Comment by Fannyman2883on Nov 22, 2022 5:32pm
124 Views
Post# 35120074

RE:RE:RE:RE:Loaded up

RE:RE:RE:RE:Loaded upAs long as each one is accretive and the dividends can increase with each one, it won't take long until we have a very high dividend per share. Five or six more, which I think is doable in the next few years, and we'll have a dividend of 30 cents+ annually. At today's share price, that means a dividend yield of over 10%! That being said, I'm sure that the share price would be around $4 at that dividend, which would give a yield of just under 8%. Things are looking up now that it appears that we're in growth mode.

Fannyman2883 wrote: In March he had a Globe and Mail interview, and he hinted at starting to accelerate the number of transactions to a couple a year at least. 

Divies wrote: Did Sean recently mention the possibility of 2 or 3 more deals in 2023? I must have missed that, when did he mention that?




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