Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

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

Consumer Cyclical Auto & Truck Dealerships

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

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Diversified Royalty Corp > Nice strong move up in the last couple of weeks.

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Post by Divies on Feb 16, 2023 1:02pm

Nice strong move up in the last couple of weeks.

2022 full year earnings should be out in early March. Based on the recent strong upward price trend and record Q4 2022 earnings, I expect very good results. Maybe another dividend increase coming? Maybe we hit $ 3.50 in March?

GLTAL!

180

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Comment by Divies on Feb 16, 2023 1:13pm

Sorry, I meant to say record results in Q3. We have not seen q4 2022 results yet. "Revenue of $11.6 million in Q3 2022 (DIV’s strongest revenue quarter since adopting its multi-royalty strategy in 2013)"

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Comment by Dadsaid2 on Feb 16, 2023 8:53pm

I think.Q4 will be about the same as Q3. Which shouldnt hurt us. Im looking forward to Q1 2023 when the new royalty starts to pay. Thats when the share price should move. Hopefully upward if results are good. Div increase could happen after Q2 if results are consistent and good! That my thoughts...GLTA

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Diversified Royalty Corp