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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 Jul 30, 2021 11:38pm
158 Views
Post# 33636582

RE:RE:RE:RE:RE:Great Day

RE:RE:RE:RE:RE:Great DayBang on imo! Good post.
babedinkleman wrote: One key difference between then and now being "The Corporation intends to use its $46 million cash balance to fund future royalty acquisitions, with the intention of achieving a payout ratio that approximates 100% over time. The Corporation expects the payout ratio to remain over 100% until such time as further royalty acquisitions are completed and excess cash has been deployed."
As well as....let's be honest things are not as rosey as people who are pumping the stock market up pretend it to be.  It's now at the point where trading crypto and junk like Gamestop and AMC are now legitimate investment strategies.  Tesla would have to sell a car to every driver on the planet to justify it's valuation....but who cares right....the market keeps going up ! ! 
The economy in reality is a disaster.....inflation and housing costs are out of control.  Good jobs are getting harder and harder to come by and 'technology' is eliminating far more jobs than it produces.  People's income hasn't gone up at all but the cost to buy a house has risen 200% in the past 5 years...lol.  I mean...cmon....this isn't sustainable.  And 'government' (tax) support is a nice bandage but at some point reality will set in.  But yeah getting back to the point...at that time DIV temporarily paying over 100% is fine when they had that much cash that would be about to be deployed to fund another pending acquisition that would bring the payout ratio down to acceptable levels within a few months.  And they weren't coming out of the most financially crippling government imposed shutdown in history.  These are smart guys and would never be so reckless as to pay beyond their means now.....and anyone in this company for more than a trade should be happy about that.




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