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Diversified Royalty Corp BEVFF


Primary Symbol: T.DIV Alternate Symbol(s):  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 nedstar71on Mar 21, 2024 8:03pm
129 Views
Post# 35946117

RE:RE:Impressive Dividend History

RE:RE:Impressive Dividend History
maplak wrote: Well I sold  3/4 of DIV shares after they announced  financing  and  bought more AD.UN. I think DIV is going anywhere. Pay out 90% and some sectors are slowing down. AD.UN had better earnings has way better outlook and pay out ratio 65-70%. Dividend slightly lower. Time will show..... 

While I like and own Alaris, note the '.UN' part of the ticker and its tax implications, compared to DIV's nice and tax advantageous eligible dividend.  I'll take an 100% eligible dividend all day long.
I used to be overweight Alaris years ago until they decided to convert to a trust and shifted a good portion of their tax burden to shareholders.
That being said, DIV's results looked good to me.  Air Miles while down is stabilizing and is a small piece of the pie either way.  Mr. Lube continues to astound with it's yearly double digit growth.    
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