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Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | 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... see more

TSX:DIV - Post Discussion

Diversified Royalty Corp > DIV share price increase 10% min for Monday and info to know
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Post by pulcan on Aug 13, 2022 8:31am

DIV share price increase 10% min for Monday and info to know

hi all,  So did we all do good on this play?  We stuck together and took this volume up past 600k to end the last 5 mins of trading.  Way to go everyone! We did see a sell of as the shorts took us on and why not they new it was a good play. Everyone wanted to buy in lower prices so volatility was there and it did not last.  This is an honest well managed company that you should keep for years to come! Now looking at Monday morning bell we have at least at 10% increase in share price coming and that is modest. We should trade just around $3.06 come Monday and continue higher into the week and end of the summer. Also you cannot sell on Monday as this is the day you registered all your shares so remember those who missed out last week will buy just on the news and get in for a share price run. We win no matter what if you followed my posts last week and HOLD on Monday do not sell!!  You get the DRIP and its up to 3% and Dividend of .01833. After Monday i will post on my next move and go in on another dividend stock so hang in there. Nothing to worry about on Monday no matter how the markets move we are invested in the best Dividend company for growth in Canada and OIL is on our side.  As for MR Lube,  its not just OIL changes and selling oil, but also Brake, air filters, Wiper blades...and also they sell anything you need for your car to cleaning products. So check it out and support your nearest Mr Lube!!  

So for that enjoy the weekend and see the latest BID vs ASK as we know it will change come Monday morning open bell.  Also,  look for any announcement on the dividend if any increase comes!  They did this twice when we went from .0167 and two months after we went to .0175 and .01833 in 2021 alone.  We are due for a dividend increase and if this happens the post on $3.50 being dirt cheap is correct that is why i targets just under $4!!  My guess is we can see an increase to .0195 or .02cents....if yu have an estimate on what you think go for it and post it....

see below  and HOLD YOUR SHARE ON MONDAY.  

Level 2 Quote

Level two quotes - Bid
Number of Shares Bid Price
 
300 shares
300 2.780
 
700 shares
700 2.760
 
2,500 shares
2,500 2.750
 
7,100 shares
7,100 2.720
 
6,500 shares
6,500 2.710
 
6,000 shares
6,000 2.700
 
16,000 shares
16,000 2.690
 
28,900 shares
28,900 2.680
 
62,200 shares
62,200 2.670
 
2,700 shares
2,700 2.660
Level two quotes - Ask
Ask Price Number of Shares
2.820 16,000
 
16,000 shares
2.830 6,000
 
6,000 shares
2.840 5,700
 
5,700 shares
2.850 92,700
 
92,700 shares
2.880 24,600
 
24,600 shares
2.890 13,400
 
13,400 shares
2.900 17,900
 
17,900 shares
2.910 500
 
500 shares
2.940 14,400
 
14,400 shares
2.950 1,200  
Comment by mickeymouse on Aug 13, 2022 2:56pm
"you can not sell on Monday as this is the day you registered all your shares" ?? Are you suggesting you won't receive the August dividend if you sell on Monday - X-div date was the 12th which was Friday. "oil is on our side" ?? HIgher oil prices will be good for some parts of the Canadian economy and certainly will be a windfall in royalties for some provinces but as ...more  
Comment by pulcan on Aug 13, 2022 5:45pm
are you shareholder?  seems not...read the news on the dividend.... Vancouver, BC, August 4, 2022 – Diversified Royalty Corp. (TSX: DIV; DIV.DB and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01833 per common share for the period of August 1, 2022 to August 31, 2022, which is equal to $0.22 per common share on ...more  
Comment by nedstar71 on Aug 13, 2022 11:10pm
The last thing this board needs is pumpers who don't even understand how settlement dates work telling people what to do. Pulcan, educate yourself more and post less please.
Comment by babedinkleman on Aug 13, 2022 11:59pm
This post has been removed in accordance with Community Policy
Comment by mickeymouse on Aug 14, 2022 4:25pm
Do you understand the concept of what an x-dividend day means? - I would explain the trade settlement process and time line to you but from your response you will probably continue with your "you sell on Monday you get nothing" argument so there isn't much point - if you are going to invest in dividend stocks it really is in your best interest to know when a dividend stock needs to ...more