Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

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

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

View:
Post by JayBanks on Feb 14, 2024 5:09pm

News

Well, I nailed the dividend increase after the loan was paid... But I didn't see a PP coming to repay the loan, it wasn't gonna take that long to pay off without the PP...

Anyway, the main reason you would want to get back to square so quickly is likely because something else is likely coming down the pipe... Maybe anouther Royalty stream, maybe we need to fund new Mr Lube & BarBurrito locations to put into our royalty pool. 


Maybe this is a reaction to the higher for longer rates on lending signalled by inflation rate, this loan wasn't costing that much in payments tho...

Will have to try and recalculate values on the upcoming quarter with consideration to the dilution, but it will be pretty useless if they have something else going on...

I'm still holding tight, with more income...

Comment by Humanist on Feb 14, 2024 5:15pm
yes it seems partially to pay debt and the other part is not clear if for expansion! a bit vague.  "The net proceeds of the Offering will be used to partially repay outstanding amounts under DIV’s acquisition facility following DIV’s acquisition, on October 4, 2023, of trademarks and certain other intellectual property used by BarBurrito Restaurants Inc. in Canada in its business of ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities