Diversified Royalty Corp T.DIV

Great Day

[ReitsRus]

The majority of the sector was on Fire today, DIV AD.UN, AQN, SGR just to name a few and how about AD.UN hitting it out of the park and a nice Dividend increase too, thought the 5% increase for DIV was kinda of low but an increase is an increase.

[JayBanks]

  I agree, I'm not overly impressed/happy until they get to 24 cents, and I feel they could have done it now. As the outlook is good. Taking away 3.5 cents and giving back a penny shouldn't excite people. I purchased post reduction, so I'm not complaining about the reduction, just that I feel we are strong enough that the shareholders can collect now as we should easily grow

[Tommy123]

This post has been removed in accordance with Community Policy

[JayBanks]

  Thank you, got yea. I've notice sometimes depending on your source of where you read the release they may truncate some statements by a few paragraphs. Just didn't wanna be missing a statement like that.

[Shirtlessnomore]

I personally think your expectations are too big, the restaurant business could still be a huge struggle and looking forward who knows what we will face, the fact that the dividend didnt get slashed in half or worse completely taken away like MANY others did and now creeping back up to the normal payout more than satisfies my expectations. Cheers.

[Shirtlessnomore]

And ACTUALLY!! you are the one that said we were "overpriced" a couple months ago and you saw no catalyst for this to go higher. So I'm not sure how the fuch your expectations havent been met????

[JayBanks]

The company has shown a willingness to get ahead of itself in the past, Q2 2019: “This resulted in a payout ratio of 110.0% for the three months and 116.9% for the six months ended June 30, 2019. The Corporation intends to use its $46 million cash balance to fund future royalty acquisitions, with the intention of achieving a payout ratio that approximates 100% over time. The Corporation

[babedinkleman]

This post has been removed in accordance with Community Policy

[JayBanks]

  I agree with your sediments of the all encompassing statements. (Tesla, house buying, etc) On Div, I would say that the company is on stronger ground with a better outlook than pre-pandemic. Before the pandemic there was many warnings of a possible major correction coming, that seems more of a time to be cautious with over extending yourself than when you see a path of return to

[Shirtlessnomore]

Bang on imo! Good post.

[JayBanks]

We have kinda opened a can of worms in my mind on this topic which is great for discussion and information for others. In reviewing last quarterly financial statements I found 2 interesting details we are currently discussing. The payout ratio in Q1 was actually 103% (modified to 90% when recalculating for the Dividend Re Investment). So they are already paying out more than is being brought

[babedinkleman]

This post has been removed in accordance with Community Policy

[Shirtlessnomore]

I remember a few years ago i believe it was when this was moving up to the big boy exchange you offered me some guidance here, I could be wrong about the timeline as I fully recall doing DD on 3 stocks at the time and ended up buying all 3. This, PTG (pivotech) and PRV (pro real estate investment trust), all three were great cashflow stocks and as it turned out all 3 imo were winners. At any rate

[Tommy123]

This post has been removed in accordance with Community Policy

[babedinkleman]

This post has been removed in accordance with Community Policy

[retired234]

Millennials feel the derserve it all NOW........without working for it

[Shirtlessnomore]

So true. The sense of entitlement is so far removed from reality, it's why many of them will work their entire lives. Buy a house, buy all brand new furniture, all new vehicles, pick up trucks that dont move anything, pools etc. All paid for monthly. Just keep remortgaging. What exactly leads them to believe they are so entitled? Just because they exist? Oh my bad, they have had a tough few