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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

Comment by Shirtlessnomoreon May 27, 2021 9:06pm
116 Views
Post# 33283702

RE:RE:RE:RE:RE:RE:RE:Target Raised

RE:RE:RE:RE:RE:RE:RE:Target RaisedIn my opinion it's always a good idea to form your own conclusions with expectations, and expecting lower than analysts is just fine, I like to do the same and while I'm not expecting us to rocket up to $4 within a few months I am expecting a 3.25 -3.40 price PROVIDED we get past all this covid stuff. The uncertainty has lots of stocks still well below where they will be getting out of this. If you are expecting $3 or low threes you should wind up happy. Even the first time I was introduced to DIV a few years ago the dividends were very profitable so I've owned at least some consistently since, at times a little and at times a decent amount. Cheers and g.l.
JayBanks wrote: I do hope you guys are right as it will feel good to see the jump.

I want that raise and I'd like to bring in more interesting and diverse royalties to add stability (not that I see problems).

I currently would like to add more to my position, but I not in a financial position to do so. As a somewhat yeild chaser, the more that dividend moves away from historical numbers, the more it makes me un easy. I'm ok with gradual change, but the further the rubber band stretches the more I foresee volitility which doesn't make me comfy. I like predicable modeling, which doesn't happen often, but usually things move in a predictable range most of the time. Lower 3s is at the higher end of what I feel is in the predictable, 4 is just well off my radar at the moment.


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