RE:DIV is very stable and making steady income. I agree hugemoney, the company is excellent and has great pr with shareholders, the dividend is awesome, their assets are very good and have done well thru this mess yet we sit in this price range, DE and M mosaic capital and decisive dividend have offered very little info thru all this and bam they've both popped pretty nicely, I'm sure it wouldnt take much to tank them in this environment like a couple bad market days in a row but still. They both have tiny floats as well so they dont attract the penny flippers, This is the best of the 3 imo, Not sure what the prob is here but not getting the respect they deserve, Perhaps updating shareholders or paying good dividends is frowned upon at this juncture?? I'm just buying here and there while it's cheap as dirt. Brighter future here for sure
HugeMoney wrote: It was excellent Financial but I do not know why it has not that much hype, I think it can fly any time and break the shell of 1.80. VANCOUVER, British Columbia, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the Corporation or DIV) is pleased to announce preliminary results for its royalty partners for the three months ended September 30, 2020 (Q3 2020). Mr. Lube Third Quarter Results Mr. Lube Canada Limited Partnership (Mr. Lube) generated same-store-sales-growth (SSSG) of 0.5% for the Mr. Lube stores in the royalty pool for Q3 2020, compared to SSSG of 5.9% for the three months ended September 30, 2019 (Q3 2019). Mr. Lubes business continued to stabilize in Q3 2020 as various provinces eased certain of the restrictions put in place to fight the COVID-19 pandemic and Canadians started driving more. Mr. Lube generated SSSG of -6.4% for the nine months ended September 30, 2020 compared to SSSG of 4.8% for the nine months ended September 30, 2019. Mr. Lubes SSSG for the nine months ended September 30, 2020 was impacted by the COVID-19 pandemic, which resulted in a slow-down in consumer activity across the country and temporary recommendations from all levels of government for people to work from home and self-isolate. DIV expects to report that aggregate royalty income and management fees of $4.1 million were generated from Mr. Lube in Q3 2020, relatively flat compared to Q3 2019.