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Bullboard - Stock Discussion Forum 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... see more

TSX:DIV - Post Discussion

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Post by Howey17 on Mar 29, 2022 3:02pm

div.db

Hi all I am a shareholder of DIV and saw the debentures that came out.  I am looking at investing in some fixed income options and wonder what your thoughts are on purchasing Div.db or i am open to other suggestions anyone may have ? I am also not sure how they work ive only ever purchased stocks primarily ones that pay dividends.

Howey17
Comment by Gladiator3 on Mar 29, 2022 5:52pm
Make sure you have this investment in a tax free savings account.   For myself I treat this like an RRSP and make monthly contributions to it. Also make sure you put this a the Drip program this will automatically takes the Dividends you get back into the investment free of charge.   : ))))  cheers 
Comment by Gladiator3 on Mar 29, 2022 5:56pm
P.s.    Buy on the Dips   ; ))
Comment by logisticsguy on Mar 29, 2022 9:21pm
Nice recovery today all of this growth is inside my RRSP Got a $hit ton of shares at $1.72 but my average has creeped up over the last couple of years to $2.23 still all good
Comment by hurko22 on Mar 30, 2022 12:35am
This post has been removed in accordance with Community Policy
Comment by Gladiator3 on Mar 30, 2022 3:01am
I'm at $2.60 coast average and climbing but so does the amount of the dividend. : )).  like I said I just keep adding and with the dividend it keeps getting higher and higher every month that I add to my position. : ))
Comment by Gladiator3 on Mar 30, 2022 3:11am
There's only 2 I own  in my portfolio  DIV is one and the other is  T- BTB.UN  BTB Real Estate Investment Trust  this one is a 1$ More and pays a dividend of .025 a share per month.  The only 2 stocks I've ever owned.    
Comment by pierrelebel on Mar 30, 2022 11:35am
Gladiator3 wrote "Make sure you have this investment in a tax free savings account. " Different strokes for different folks My wife and I make sure we own high yield Canadian "eligible" dividend stocks such as DIV directly, not into a trust account (TFSA, RRIF or RRSP). In Canada, when the dividends are received into a trust account one loses the value of the "dividend ...more  
Comment by babedinkleman on Mar 30, 2022 4:28pm
This post has been removed in accordance with Community Policy
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