Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
LQWD Technologies Lightning Network Infrastructure Surpasses 1 Million Global Transactions (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Time for stockholder dilution again?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(144)
•••
Comment by JayBankson Nov 07, 2024 7:28pm
69 Views
Post# 36302202

RE:RE:RE:RE:RE:RE:Time for stockholder dilution again?

RE:RE:RE:RE:RE:RE:Time for stockholder dilution again?

6-9% is likely the rate to hold a balance on the acquisition lending facility, it can be looked up in the MD&A or anouther document, but I just gave an expected range...

There is no real reason to dilute unless you have multiple deals happening in a short period, the 2 latest deals have been around a year apart, no reason they couldn't have just held a balance and payed off with the extra distributable income (Free Cash Flow)... Seems like they do it just to be able to say they have no debt burden, but I don't really think that fact matters for a Royalty nor has it excited investors for attracting interest...

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities