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Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships
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

Diversified Royalty Corp > Q2 earnings???
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Comment by JayBankson Jul 29, 2023 8:27pm
238 Views
Post# 35563479

RE:RE:RE:Q2 earnings???

RE:RE:RE:Q2 earnings???

I didn't know we were arguing, I was backing up your mention that a dividend increase is possible by giving napkin numbers to show its potential lol

Was Q1 our first full quarter with Stratus? I know it closed before end of the year... but I didn't think it hit our books until into January... if so oops on me.

We will also get an increase in Sutton's royalty rate effective July 1st so that should be seen in Q3 tho of course it's market reflective...

We are trending well at the moment.

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