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Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s):  T.DIV.DB.A | BEVFF

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

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Post by JayBanks on Oct 11, 2023 3:40pm

Added

Anouther 1500 shares at 2.63...

Total position 6000 shares at about 2.42 (about 1/2 of a full position, so I'd still be willing to add sub 2.70)
forward yeild (as of next month) 10.12%
forward yeild on distributable income (expected by company numbers): 11.96%
Comment by dogatcat on Oct 13, 2023 11:38am
Friday, October 6, 2023, 1:58 PM ET   1358 ET - Diversified Royalty's acquisition of BarBurrito's royalty stream is worth the higher debt level, analysts John Zamparo and Nishant Rathi of CIBC say in a report. The C$72 million acquisition is paid almost entirely through debt, and the analysts say that this may be above some investors' comfort levels. However, they think ...more  
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