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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 acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.


TSX:DIV - Post by User

Bullboard Posts
Comment by foundrymanon Sep 19, 2019 1:58pm
236 Views
Post# 30144377

RE:Mr. Div

RE:Mr. DivNo need to apologize, I laughed at the Mrs. merger speculation!

I can’t speak for management, but I think the point of this company is to be your steady-Eddie reliable dividend component in a diversified portfolio. With all the turmoil nowadays, there is something really beautiful about a boring stock yielding 7-8%. I own a position I gradually add to when something more speculative pays off. Plan to hold DIV, forever, really.

There is no shortage on the Venture of high-risk, volatile plays. I think DIV is intended to be something different, of a much safer variety.

Lloyd_Blankfein wrote: Well, DIV has become a really boring stock.  All we can do here now is speculate on their next royalty acquisition.

Since they seem to like to buy royalty streams from companies starting with "Mr." - and since they are a big dividend payer and dripping dividends is an important part of owning DIV - I predict their next aquisition will be Mr. Drip.

https://www.mrdrip.com/

It really exists and would make a nice tuck-in acquisition alongside Mr. Lube and Mr. Mikes.  

With a few more "Mr." acquisitions the name of the company can be changed to Mr. Div. 

And then perhaps merge with some "Mrs." company?  Mr. Lube would probaby be quite attractive any number of Mrs. companies. On the other hand, Mr. Drip would not be...  :-(

I'll shut up now. This is what being bored does to me.


Bullboard Posts