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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 JayBankson Nov 09, 2021 7:01pm
122 Views
Post# 34107398

RE:RE:Third Quarter 2021 Results

RE:RE:Third Quarter 2021 Results

Tommy123 wrote: WOW! All holdings, aside from Air Miles, grew in the last 12 months. I think they can afford to increase royalties a fair bit more from what they're distributing now. 

 

I've been mentioning this for atleast 6 months, they were safe and capable of being at/mildly above pre-Covid distributions. I'm a little disappointed we aren't there. (Overall I'm pleased with the results)

Mr. Mikes over doubled in income for us and I bet they are still not back at 100%, a few of our others are likely a little below full steam in buisness, not to mention our rate increases I don't believe were  in effect that quarter.

You keep mentioning they have indicated they have deals in the works, can you send a link of that indication? I keep looking at reports and other than the general Company Statement, I don't see any wording that suggests they have anything more on the go. I would like to see anouther addition, woulda figured there would be some decent opportunities with companies needing $$$ injection to get back to 100% that we could make deals with.

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