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Diversified Royalty Corp. (DIV.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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2.7500-0.0800 (-2.83%)
At close: 04:00PM EDT
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  • E
    Eric
    Payout ratio1 of 93.6% based on dividends of $0.22 per share on an annualized basis, an improvement compared to 103.1% in Q1 2021 based on dividends of $0.20 per share on an annualized basis.
  • D
    Devon
    I guess some ppl didn't read the nr, containing the div date change from 14 to 12
  • s
    steve
    New shareholder here today :)
  • V
    Vancity Bash
    Really weird, I have not got the most recent dividend. Anyone else?
  • K
    Kenneth
    bought 190 shares... Don't think we will see that high this year so I can drip it till we meet it baby B)
  • d
    d
    Loading up! :)
  • a
    alexander
    very good news
  • S
    Stonksalotty
    Nice. Order filled 🙈
  • a
    alexander
    they have good earning should be higher
  • J
    John
    Strange market when earnings seem not to matter
  • E
    Emanuel
    Some quick gains buying at $2.84 today.
  • S
    Stonksalotty
    Ex-div next Wednesday. Leaves today and Monday to purchase.
  • J
    Josh
    This stock has traded flat for like 20 years lol imagine buying it at 3$+ I will buy when yield is 9%.
  • R
    Rob K
    Congrats longs
  • S
    Stonksalotty
    Looks like some short stops got triggered after double tapping these recent highs of 3.16. Looking good here! So now we have a confirmed support around 2.96 - .98 which will continue to climb as more buyers get interested in this asset.
    Bullish 🦾
  • S
    Stonksalotty
    Looks like a buy the dip opportunity coming through here…show me 2.80 🙈
  • Y
    Yahoo Finance Insights
    DIV.TO is up 5.16% to 3.26
  • M
    Matt
    Keep in mind that Mr. Lube royalties will likely soar this year. Oil prices, of course, are sharply increasing, which means that Mr. Lube will pass along this input cost to customers. Since DIV gets about 8% of sales, this should mean a large jump in their royalty payments to DIV in the next couple quarters. As Mr. Lube is by far their largest royalty holding, this could completely change the trajectory of DIV in terms of how high they'll be able to increase their dividend in the short to medium term. Mr. Mike's will likely also see soaring food prices this year, and with Covid ending, should mean a much higher royalty contribution than pre-Covid as restaurant prices rise sharply. Honestly, I think $4 a share isn't out of the question by the end of the year, if oil stays high, and inflation ramps up
  • T
    Trade Baiters
    Will wait to buy a bigger holding into the company once shares dip again to low 3s based on geopolitical tensions and inflation concerns; however, would not be surprised if the stock breaks above 3.15 and holds a range above 3.10.

    Seems support has been established within the last few weeks and it continues to bounce nicely off the low 3s.

    Financials were indeed solid. As things in Canada continue to open up (which many can affirm themselves), businesses within the holding will generate more income (Oxford, Mr. Lube, Mikes Subs etc). Mr. Lube has been a solid partner and adding for DIV. Airmiles given its re-structuring and being dropped from many locations such as the LCBO and many grocery stores in late 2020, will likely continue to go sideways for performance and revenue growth. Shell gas stations, select BMO mastercards and Metro continue to be its major partners and applicable users.

    Overall, excited and bullish future for DIV.
  • V
    VOSS
    looks like this is going to drop tomorrow
    Bearish
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