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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 Capharnaumon Nov 23, 2022 2:30am
135 Views
Post# 35120859

RE:RE:RE:RE:RE:RE:RE:Loaded up

RE:RE:RE:RE:RE:RE:RE:Loaded up
Fannyman2883 wrote: They're always accretive deals with a subsequent dividend increase, so by definition they always enhance shareholder value more than the cost of the deal. And just like the cleaning company, they don't need to have money as long as they keep adding additional shares to fund the purchases. They definitely don't ever use their own cash, as they're not a growth company.  

hawk35 wrote: Five or six more deals???  Since DiV does not have cash to do even 1 more, do you really want shareholders to go through 600% more dilution than this last deal?  That woud be shareholder value destruction.  Not funny at all.




The problem is getting a good accretive deal, if they were that easy to close then it wouldn't take that much time between deals. The reality is that it's tough to do, so I wouldn't expect five more deals any time soon.
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