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Bullboard - Stock Discussion Forum 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... see more

TSX:DIV - Post Discussion

Diversified Royalty Corp > Dividend remains at 24 cents.
View:
Post by Divies on Apr 03, 2023 5:36pm

Dividend remains at 24 cents.

Management doesn't seem too concerned about AIR MILES .  I suspect they will wait for the formal approval for BMO purchase of Air Miles before they consider a dividend increase.  Hopefully we get an increase by this summer.  Q1 financials should be out in early May and I expect the trend of record revenues to continue.

GLTAL!
Comment by Tommy123 on Apr 04, 2023 8:31am
This post has been removed in accordance with Community Policy
Comment by sirmevl on Apr 04, 2023 11:03pm
Yes BMO bought a brand name for millions so they could do nothing with it. Please drive the prices down ..
Comment by nedstar71 on Apr 05, 2023 10:44am
Yes, Aim Miles for the first 3 quarters of 2022 had EBITDA of $96 million.  Not revenue, EBITDA.  Why wouldn't BMO be looking at rebranding such a dog!
Diversified Royalty Corp
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