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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 Aug 12, 2024 8:12am
280 Views
Post# 36174065

RE:Stuck till interested

RE:Stuck till interested I got that alert this morning from TD.  Net income was down but overall earnings looked ok to me, no real negative surprises.  Good thing Mr. Lube and fixed royalty increases are around to pick up the rest of the softness.  The record adjusted revenue really isn't worth mentioning for reasons already pointed out.  If it wasn't a record after buying more revenue within the past year it would be disturbing.  Hopefully no new royalties are being comtemplated at this share price or macro environment.  And yeah Jay, at $3.10 lighten up indeed.  I'll aim for $3.09 ;-)

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