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 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.

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Diversified Royalty Corp

Bullboard Posts

Comment by Shirtlessnomoreon Jul 29, 2020 9:13pm

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Post# 31341076

RE:RE:RE:RE:RE:RE:Diversified talks Q2 results for royalty partners

Thanks Tommy great analysis and I agree with you however I think the u.s cases have everything to do with the election and nothing to do with the flu, Jmo. Cheers!.........

Tommy123 wrote:
2020oilgamble wrote:
I agree with the analysis provided. The dividend was increased in Mar 2020 to .01958 from .01917: but dropped to the current .01667 (a 15% decrease); lowest I've seen is .0157 and that was back in what, 2015.

So yes, the dividend was cut, by 15% - and will likely remain that way until as you say fundamentals improve. So yes, I'll say it again. Don't expect the dividend to increase much. We may see an increase over the back half; but I don't think we'll be seeing that full15% for awhile.

Mullen (MTL) just reinstated their dividend this past week, and the market responded quite favourably to the press release based on the share price increase; maybe I'm too bullishly optomistic, but with my rose colored glasses I see dividends aplenty being reinstated for 3rd quarter, and even more by calender yearend.

Agreed. It also too bad that Oxford Learning, through their GradePower Learnings subsidiary, has a big presence in the southern US. Though I suspect that as fall rolls around, the southern US will start seeing a decrease in cases. I think it's just that it's like our winter there now, in that it's too hot to go outside, and indoor transmission is much more likely compared to when people are outside when the weather moderates.