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 > TSX Breakouts... Globe

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Comment by maypeterson Jun 14, 2021 1:23pm

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Post# 33382275

RE:RE:RE: TSX Breakouts... Globe

Correct. There are some companies where the free cash flow is more important than the EPS.

Tommy123 wrote:

TickerTwit wrote: This text caught my eye, though apparently not the Globe writer's:

The Street is forecasting earnings per share of 15 cents in 2021 and 17 cents in 2022. The consensus distributable cash flow per share is 21 cents in 2021, increasing to 23.5 cents in 2022.

These figures don't mesh well with some of the share-price forecasts.

There are non-cash writeoffs that low the EPS for tax reasons. They should easily be able to cover a higher dividend of 24 cents in 2022 IMO.