Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 nedstar71on Nov 09, 2021 9:09pm
117 Views
Post# 34107792

RE:RE:RE:Third Quarter 2021 Results

RE:RE:RE:Third Quarter 2021 ResultsGreat results! No reason this shouldn't be $3.10 by year end and $3.25 once another penny is added to the annual dividend. It should have blown through $3 with the last dividend bump.
I think they are always working on or on the lookout for new acquisitions. I do note though that pre pandemic there was often a "We remain active in pursuing opportunities to acquire trademarks and royalties from a diverse group of high profile businesses" which is absent from this release. Possibly due to being replaced with Covid related commentary or they may be not actively pursuing anything until the others are all at full strength. Or there may not anything worth pursuing. Or they may announce something tomorrow. Anything is possible. Stellar results and will keep improving for Q4 with most restrictons continuing to lift and normalcy slowly returning. 
<< Previous
Bullboard Posts
Next >>