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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 prophetoffactzon Feb 15, 2024 10:54am
174 Views
Post# 35881844

RE:RE:RE:WOW they upped the offering by 2 mlns shares. HUGE DEMAND OR

RE:RE:RE:WOW they upped the offering by 2 mlns shares. HUGE DEMAND ORIf the market was waiting for a financing that may have limited the upward move. Now that the finanicng has been priced in the market has to focus on the next royalty acquisition and potential dividend increase. A lot has to do with interest rates. If interest rates go down this is where you want to be given the yield. 

dogatcat wrote: Nice to see the interest in DIV's business model but it has effectively limited any share price increases for the near term.   They have basically priced their shares at $2.66 so don't expect $3 anytime soon.  Let's hope they have a big deal soon. 

I see DIV really moving once we inflation wrangled and rates come down.   Even 1/4 point rate cut would get this stock going.    


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