Diversified Royalty Corp T.DIV

Buzz on the Bullboards: TSX stocks to watch after Trump’s win

[financebuff101]

Has anyone noticed anything strange about the latest DRIP?  I am with RBC and this is what my account is showing today: Yes, less than a penny per share... I am pretty sure they will fix it over

[nedstar71]

You're right, it's all so simple < sarcasm While I'm not an expert by any means, I think you often tend to somehow both overcomplicate and oversimplify things at the same time. 

[JayBanks]

What is difficult to follow on it? On the current dividend/Distributable cash, they did not distribute $654,000, the previous quarter was $1.32 M... They they make an acquisition and the new royalty

[nedstar71]

It was the part I put in bold that I wasn't following  "that should get paid off fairly quickly just letting it run."

[JayBanks]

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

[nedstar71]

I don't follow.  What do you mean when you say " I'm ok with paying 6-9% interest on a loan that should get paid off fairly quickly just letting it run."

[JayBanks]

Well I'm still in the camp I wanna see more deals, and I don't want to dilute to do it. We have a strong base, I'm ok with paying 6-9% interest on a loan that should get paid off fairly

[nedstar71]

The only problem with that is I think the timing has a lot to do with the specifics and availability of the deal itself than the share price that finances it.  Sure they would prefer to dilute at

[hawk35]

Hi JayBanks.  Not trying to cause fear.  This company grows through acquisitions.  They finance a big part of it by issuing stock  usually10% below the current trading price. 

[Jonathon Brown]

The past week the TSX and Wall Street saw a significant surge following Donald Trump’s return to the presidency. read article.

[nedstar71]

Yes results were better than expected to me as I had this funny feeling there could be some sort of negative surprise.and there wasn't.  AD is definitely a better stock imo but nothing wrong

[maplak]

To me. As I mentioned before I have sold the most of DIV when they refinanced and switched to AD.UN. Today AD.UN released great results so very happy with the move. In mean I have bought some back and

[JayBanks]

  Technically, every month they somewhat dilute with shares issued through the DRIP program, if your not in the DRIP program... (Not a DRIPer myself) And why would they need to dilute

[hawk35]

It was February this year when they did a stock issue to cover their recent acquisition the previous year.  Stock today is very close to a 52 week high.  More dilution coming up soon? 

[PressRelease]

VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended September 30, 2024 (“Q3 2024”) and nine months ended September 30, 2024.Highlights...read article.

[PressRelease]

VANCOUVER, British Columbia, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of November 1, 2024 to November...read article.