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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

Post by maplakon Mar 26, 2024 12:43pm
126 Views
Post# 35953299

So

So

this anal is has $ 3 target That's  4-5% from $ 2.88. Basically exactly what I said . Dividend paying dog. It will be interesting to see AD.UN up side going forward in comparison to DIV. 

DJ Diversified Royalty's Mr. Lube Business Seen As Price-Driver -- Market Talk 

 

Dow Jones - Updated 20 hours ago 

1506 ET - Diversified Royalty's oil changes and maintenance services business should help drive the stock in 2024, according to CIBC's John Zamparo. The analyst says in a note that 4Q same-store sales growth at the company's Mr. Lube business increased 14%, easily beating CIBC's 7% estimate. "We believe momentum should continue into early 2024, and we estimate SSSG of +11% this year, with results moderating through the year," Zamparo says. The analyst adds that lower interest rates, the possibility of M&A and the continuation of strong same-store sales growth should help drive the stock to his C$3 price target. Shares are currently up 1.6% to C$2.90.(adriano.marchese@wsj.com) 

(END) Dow Jones Newswires

March 25, 2024 15:06 ET (19:06 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.

 

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