Diversified Royalty Corp T.DIV

Dividend increase?

[Dadsaid2]

With the great earnings and what appears to be AirMiles on solid ground (all be it lower revenue via Sobeys loss etc), it seems only logical that a dividend increase should happen soon.  With 143mil shares a 1.2 cent increase is only $1.7 mil per year.  Seems reasonable. Maybe its more?  Any thoughts or comments?

[JayBanks]

We hit perfectly in the lower target range of where I pegged us for Distributable Cash, the exact figure gives us a 27.44 cents over the course of the year and rising... It is possible next quarter we hit 7 cents per quarter which would be 28 over a year... We only pay 24 cents currently so a payout increase could happen anywhere from 1-4 cents pre-year increase, they have shown willingness to

[nedstar71]

Great earnings and I think Air Miles may even be able to grow under BMO.  I'm seeing ads quite often on youtube for it recently so it's clear they are investing in the brand.  Dollarama is just the start. DIV would have been up more today minus the overall market weakness imo.

[nedstar71]

Found an article about the new Air Miles campaign and the ads I keep seeing on youtube https://strategyonline.ca/2023/07/18/air-miles-leans-into-the-breadth-of-its-loyalty-coaltion/