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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 Safetraderon Nov 15, 2022 3:24pm
200 Views
Post# 35101027

RE:RE:They think we are stupid...

RE:RE:They think we are stupid...That's right.......lol... the dividend per share will go from $0.235 to $0.24 per year (half a penny). Meanwhile they dropped the price from $3.08 to $2.80. Yearly dividend will be 8.5%. It is good if share price moves up.
Now, past acquisitions were good and I think this is to offset what could change in 2023 with Air Miles. Hopefully they did DD on the org., and will lead them to growth.
https://www.stratusclean.com/about-us
I was happy to see several retail investors seeing this as an opportunity which it could be. Personally, I felt DIV was weak negotiating with Cormark and too fast closing the deal. However there is always some unknowns. If you want to know how I feel, just do the maths lol,  :  how much years does it take to recover $0.28  with an extra $0.005 divy per year.........For sure I will be dead.

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