TSE:DIV

Diversified Royalty Corp (DIV.TO)

4.75
+0.01 (0.21%)
as of Jun 9, 2026, 8:00:00 pm Market Open.
160 watching
0
TOP PICK

Just made an announcement in May that their very 1st royalty stream they are going to invest in, is a restaurant chain Franwork Franchise out of Calgary. Right now it is only a revenue royalty stream off of some restaurants, but the plan is to roll it out into a multiple royalty stream. Currently trading at about 7.5% yield and is probably comparable to trade in the 6.5% range. Thinks there is some capital appreciation here, plus you are getting a nice dividend.

BUY

Thought it would do well a year ago. What happens now is there was a fight with Difference Capital and the management team bought a royalty on a restaurant chain out west. They placed 11 million shares and he thinks they will do very well. There was a lot of demand for the shares. They have a 10% yield, the stock is halted right now but when it is released it should do well.

WATCH

At these prices it is a no-brainer. Selling at a discount to its cash. Down side is very minimal. Watch over the next few months.

RISKY

Completed sale of a Quebec facility in the last week, which is what made them who they were. Sitting on cash. Looking at M&A opportunities. He owns over 10%. Looking for something positive. It is a great time for them. The question is what the board wants to do. You are speculating on what they do with the money.

PAST TOP PICK

(Top Pick Sept. 9/11, Down 21.84%) It is work in progress. It is trading below cash on hand ($1.60/share). They could pay dividends or make acquisitions with the cash.

PAST TOP PICK
(A Top Pick July 8/11. Down 27.02%.) No debt and sitting on $1.60 a share in cash. Has just gone into production in New Saint Ambroise.
COMMENT
Have a plant that treats contaminated soil and produces a lot of cash when it is running. Hasn't been running lately but they are going to start running again. A lot of cash on the balance sheet. Trading for roughly cash value right now. There is a lot of hair on this story. In the environmental space and they got in trouble with the US government but that has pretty well gone away now.
TOP PICK
Debt-free and trading below book and breakup value. No debt and sitting on $61 million of cash ($1.60 per share). Have a solar remediation facility in Quebec, which is waiting for several tenders. Have about 16,000 tons of soil to be remediated and will start up operations when they get to 20,000. Looking to make an accretive acquisition.
DON'T BUY
52 week high today. He has followed for years, looked seriously at buying it. Company managed exceedingly smartly. Only operated when they had enough hazardous waste. Momentum players might be interested but not for him.
HOLD
Soil remediation. Controversial story in that they were trying to get rid of the management team. Trading 15%-20% over cash. Doesn't see a lot of downside risk. Be patient and see what they do with the cash.
TOP PICK
Soil remediation using a heat process. Classic value play. No debt and $1.75 per share in cash. When they are not in operation, there is no revenue but once they get going, which should be soon, they free cash flow like crazy.
DON'T BUY
We are probably going to get a sell signal after today.
PAST TOP PICK
(A Top Pick Jan 15/10. Up 16.67%.)
COMMENT
About $1.70 or so in cash and no debt. Recently announced they were in acquisition talks but he hasn’t heard anything since. Upside depends if management can execute a good acquisition.
WAIT
Solid management but concerned about lumpiness and lack of diversification. Did an equity offer to raise monies for an acquisition. 80% of the value of the company is now in their cash position so there is very little downside. Currently negotiating an acquisition but would wait to see what this will be.
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