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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 pierrelebelon Sep 24, 2024 10:09am
163 Views
Post# 36238149

RE:Start questioning your holding…

RE:Start questioning your holding…
In my opinion, it is way too early to think about selling DIV.

Take a look at the long term chart. The shares are heading back to the $3.30/3.40 area in 2025. In the meantime the dividend yield exceeds 8% while waiting for more capital appreciation.

Current and projected cash flow, profit, dividend and payout ratio all point towards that range, despite share dilution in the last few years. This stock is for investors, not short term traders or speculators.

Patience will be rewarded.

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