Diversified Royalty Corp T.DIV

So

[maplak]

this anal is has $ 3 target That's  4-5% from $ 2.88. Basically exactly what I said . Dividend paying dog. It will be interesting to see AD.UN up side going forward in comparison to DIV. 

DJ Diversified Royalty's Mr. Lube Business Seen As Price-Driver -- Market Talk 

 

Dow Jones - Updated 20 hours ago 

1506 ET - Diversified Royalty's oil changes and maintenance services business should help drive the stock in 2024, according to CIBC's John Zamparo. The analyst says in a note that 4Q same-store sales growth at the company's Mr. Lube business increased 14%, easily beating CIBC's 7% estimate. "We believe momentum should continue into early 2024, and we estimate SSSG of +11% this year, with results moderating through the year," Zamparo says. The analyst adds that lower interest rates, the possibility of M&A and the continuation of strong same-store sales growth should help drive the stock to his C$3 price target. Shares are currently up 1.6% to C$2.90.([e-mail]) 

(END) Dow Jones Newswires

March 25, 2024 15:06 ET (19:06 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.

[flamingogold]

Maplax, just be mindful of what this investment's primary goal is.... it's all about stable distributions, an income stream wtih very little downside risk. We all love it when growth follows on top of distributions and I consider it a bonus here. But, that is not their main target as indicated clearly in their mission statement: "DIV’s objective is to acquire predictable, growing