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Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

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

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

TSX:DIV - Post Discussion

Diversified Royalty Corp > Dividend remains at 24 cents.
View:
Post by Divies on Apr 03, 2023 5:36pm

Dividend remains at 24 cents.

Management doesn't seem too concerned about AIR MILES .  I suspect they will wait for the formal approval for BMO purchase of Air Miles before they consider a dividend increase.  Hopefully we get an increase by this summer.  Q1 financials should be out in early May and I expect the trend of record revenues to continue.

GLTAL!
Comment by Tommy123 on Apr 04, 2023 8:31am
This post has been removed in accordance with Community Policy
Comment by sirmevl on Apr 04, 2023 11:03pm
Yes BMO bought a brand name for millions so they could do nothing with it. Please drive the prices down ..
Comment by nedstar71 on Apr 05, 2023 10:44am
Yes, Aim Miles for the first 3 quarters of 2022 had EBITDA of $96 million.  Not revenue, EBITDA.  Why wouldn't BMO be looking at rebranding such a dog!
Diversified Royalty Corp
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