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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 Fannyman2883on Nov 22, 2022 5:32pm
152 Views
Post# 35120074

RE:RE:RE:RE:Loaded up

RE:RE:RE:RE:Loaded upAs long as each one is accretive and the dividends can increase with each one, it won't take long until we have a very high dividend per share. Five or six more, which I think is doable in the next few years, and we'll have a dividend of 30 cents+ annually. At today's share price, that means a dividend yield of over 10%! That being said, I'm sure that the share price would be around $4 at that dividend, which would give a yield of just under 8%. Things are looking up now that it appears that we're in growth mode.

Fannyman2883 wrote: In March he had a Globe and Mail interview, and he hinted at starting to accelerate the number of transactions to a couple a year at least. 

Divies wrote: Did Sean recently mention the possibility of 2 or 3 more deals in 2023? I must have missed that, when did he mention that?




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