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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 EdPaquetteon Sep 25, 2022 7:37pm
109 Views
Post# 34985451

RE:RE:Your comments please

RE:RE:Your comments pleaseGo back to the early 80s to see what happens when interest rates rise.  Multiple recessions and weakness in between.   This is not headed for 3 or 1.  Mushy middle 2s.
Tommy123 wrote:

$1 a share would be a 23.5% annual dividend, paid out monthly! 

It will be interesting to see if the stock market falls any lower though. It's been headed down for nine months now, and historically this is one of the longest downturns we've seen. 

We saw how quickly the market recovered to just 10% below the all time high as soon as people started thinking that the Fed would pivot. I do think that the US Fed will increase rates likely two more times this year, but then that may be it if inflation starts falling and the economy starts weakening.

If this prediction is accurate, then we should see a strong rebound before that last rate hike occurs. I think that this is likely to occur by the end of the year. In that case, we would likely see DIV well above $3 once the Fed hints that they may be getting closer to ending rate hikes and the market goes back up (likely rates will be at 4.5% by the end of the year and or early 2023, which would be another 75 basis point hike, and then a 50 point hike this year). Not even the hawkish US Fed is predicting that we'll ever hit 5% rates.

So if you're waiting for another decline in DIV's share price, you may miss out if it rockets back up once the market recovers when rates increases taper off in the next few months (keep in mind that the market is forward looking a couple quarters, so it shoild rally strongly well before rates top out). For example, a number of analysts have a new all time market high being set by the end of the year. 

 

Eizenberg wrote: I very much like this dividend stock and i would appreciate some of your comments here, what are the pro's & cons of this stock ? Personnaly, i like it because there is a 100% paying dividend since 2015. I will wait the upcoming stock market fall, maybe a 20% fall again but i would like to buy DIV.TO to the bottom if anyone knows where this is, looking at the chart, i saw below 0,11$  around year 2009 before it took off... The support price seems around $2 and if it breaks that, we could very well see $1 and below... Thank's for your comments. GLTA

 

 



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