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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 TheBridge on Jan 04, 2023 7:08pm

Stability

Just goes to show you the value of the discussion and worry about the Air Miles Rewards changes. And Mr. Lube seems to be doing very well. A decent investment here.
Comment by logisticsguy on Jan 06, 2023 1:38am
Another good day for DIV I guess the 24 cent dividend will do us well i am sitting on just over 56000 shares looking forward to 2023
Comment by MelodicHysteria on Jan 08, 2023 10:39am
For your 56,000 shares, Unless your portfolio is well north of 1-1.5 million dollars, This is taking up a sizeable amount of your portfolio.  What do you say to the nay-sayers of this stock who consider that to be a rather large financial risk? (yes it gives you roughly 1100 a month but just wondering how you justify this otherwise).  Just a genuine curiousity as I contemplate ...more  
Comment by Dadsaid2 on Jan 08, 2023 12:18pm
Ive been in DIV for 7-8 years now and have found myself over weight many times. (A couple times way over weight..lol) ive been lucky and sold off at some price peeks to get my % back in line but when the price dips lm back in and overweight again. It has worked out very well for me as the dividend keeps coming in and when l look back, my capital gains are pretty nice too.  Combined return ...more  
Comment by logisticsguy on Jan 09, 2023 12:14am
I do worry as it does take up a huge amount of my portfolio I have been in for awhile my biggest amount came at $1.72 so i have done well i reinvest every month. Do I worry? yes sometimes 
Comment by logisticsguy on Jan 09, 2023 12:16am
the one thing is all this is in my RRSP 
Comment by mo1975 on Jan 09, 2023 7:00am
ouch.... if only it was in your tfsa   not your rrsp..... but i guess its ok to get the government to share your profits...
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