Diversified Royalty Corp T.DIV

I have to say

[taman1]

great posts by jaybanks and pointer and the sheer over exuberance posts of Tommy.

The mere suggestion of borrowing $200 million to buyback stocks is crazy. But then if you can borrow at below 3% to retire your stocks that pay 8% and then maybe issue stock at a higher price later to retire that $200 million loan does not sound too crazy. But then to engineer this requires the Management to take lots of unnecessary risks and possibilities of skullduggery, let alone of getting loans at even below 8% ...lol

Best to manage this company in the good old fashioned way of finding good investments and passing the full benefits to us, the shareholders with no monkey business.

Heck doing the DRIP to lower the cash element to make the payout ratio less than 100% is sailing pretty close to sketchiness for me anyways. But heck it appears this is industry standard methodology.

At any rate DIV is a great place to park your money to collect a great stream of cash as you wait for better days to come in this pandemic. GLTA

[pointer]

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[Shirtlessnomore]

Exactly! Many a stock cut their dividends entirely and rather then hold some non paying stock that's doing nothing anyway until this thing is over it just makes sense to collect the monthly. It's very liquid if you did want out as well. I like this and a couple reits right now, i hold cash for a couple trading opportunities and that's about it. Everything is all pumped up on fake