Diversified Royalty Corp.

DIV-T

TSE:DIV

3.30
0.04 (1.20%)
Bennett Environmental Inc. was a Canadian company based in Oakville, Ontario. It specialized in the recovering of soils contaminated with chlorinated hydrocarbons, including PCBs and PCPs, Dioxins and Furans.
More at Wikipedia

Analysis and Opinions about DIV-T

Signal
Opinion
Expert
BUY
BUY
February 13, 2020
The management team has done a fantastic job over time. People were concerned how long they could pay out their dividend and people worried about how diversified their royalty streams were. Now they invested in Oxford Learning for diversification. Their dividend payout is now below 100%. (Analysts’ price target is $4.29)
Show full opinionHide full opinion
The management team has done a fantastic job over time. People were concerned how long they could pay out their dividend and people worried about how diversified their royalty streams were. Now they invested in Oxford Learning for diversification. Their dividend payout is now below 100%. (Analysts’ price target is $4.29)
COMMENT
COMMENT
September 25, 2019
Likes it but the market is concerned about the 7.8% dividend. They still have cash from a sale of a division. They need a new royalty stream to uphold the div.
Show full opinionHide full opinion
Likes it but the market is concerned about the 7.8% dividend. They still have cash from a sale of a division. They need a new royalty stream to uphold the div.
DON'T BUY
DON'T BUY
September 10, 2019
He doesn't follow it, but all the royalty trusts are not stocks he buys. Maybe it's good for the income. DIV has some good businesses like Mr. Lube, but trusts are difficult to value. For income investors. Careful not to overpay trusts.
Show full opinionHide full opinion
He doesn't follow it, but all the royalty trusts are not stocks he buys. Maybe it's good for the income. DIV has some good businesses like Mr. Lube, but trusts are difficult to value. For income investors. Careful not to overpay trusts.
COMMENT
COMMENT
August 16, 2019

18-24 months ago they stumbled with a restaurant royalty, but are doing well with a new royalty concerning a muffler business at Walmart. But this will be cyclical in a downturn. The dividend is safe now.

Show full opinionHide full opinion

18-24 months ago they stumbled with a restaurant royalty, but are doing well with a new royalty concerning a muffler business at Walmart. But this will be cyclical in a downturn. The dividend is safe now.

DON'T BUY
DON'T BUY
August 1, 2019
He does not own it currently. They acquire royalties from other companies to distribute. Payout ratio is over 137% of cash flow, which is unsustainable in his mind. Earnings growth is expected at 15% this year and 20% next year. He still thinks it will be challenged to keep the dividend. Yield 7.7%
Show full opinionHide full opinion
He does not own it currently. They acquire royalties from other companies to distribute. Payout ratio is over 137% of cash flow, which is unsustainable in his mind. Earnings growth is expected at 15% this year and 20% next year. He still thinks it will be challenged to keep the dividend. Yield 7.7%
WAIT
WAIT
June 28, 2019
Why is the price dropping? He respects the CEO and has long owned DIV. The founder thought the restaurant-royalty business and understands it very well. He's looking for more opportunities in this space. The sell-off is due to DIV's payout ratio, which is slightly over 100. This could change if a new opportunity arises and therefore push down that ratio.
Show full opinionHide full opinion
Why is the price dropping? He respects the CEO and has long owned DIV. The founder thought the restaurant-royalty business and understands it very well. He's looking for more opportunities in this space. The sell-off is due to DIV's payout ratio, which is slightly over 100. This could change if a new opportunity arises and therefore push down that ratio.
BUY
BUY
April 29, 2019
Their payout ratio is around 85%, high but safe, because they're growing into it. Mr. Lube is putting them into Walmarts in Canada, which has generated tremendous growth. He owns their convertible debenture and likes this company. 6.7% yield.
Show full opinionHide full opinion
Their payout ratio is around 85%, high but safe, because they're growing into it. Mr. Lube is putting them into Walmarts in Canada, which has generated tremendous growth. He owns their convertible debenture and likes this company. 6.7% yield.
SPECULATIVE BUY
SPECULATIVE BUY
February 20, 2019
They buy royalties from other companies. The payout ratio is about 115%, so be cautious. The sold an asset last year, but have been slow to deploy that to generate new royalties, so it taking time for the metrics to realign. He would give them the benefit of the doubt. Yield 7.2%
Show full opinionHide full opinion
They buy royalties from other companies. The payout ratio is about 115%, so be cautious. The sold an asset last year, but have been slow to deploy that to generate new royalties, so it taking time for the metrics to realign. He would give them the benefit of the doubt. Yield 7.2%
HOLD
HOLD
February 8, 2019
These yield plays do well in the summer when cyclicals (and risk-off stocks) are out of favour. Now, investors are very defensive. DIV has been gaining during current seasonal strength (since late-2018). It's been rangebound the past year, though its above its 200-day moving average. Resistance at $3.15. He's not excitied by this, but it is holding.
Show full opinionHide full opinion
These yield plays do well in the summer when cyclicals (and risk-off stocks) are out of favour. Now, investors are very defensive. DIV has been gaining during current seasonal strength (since late-2018). It's been rangebound the past year, though its above its 200-day moving average. Resistance at $3.15. He's not excitied by this, but it is holding.
COMMENT
COMMENT
January 23, 2019
DIV-T vs AD-T He owns Diversified. He likes their management team and it pays a good dividend. He waits to hear how management will deploy their capital going forward, but likes how management has been prudent with it. The yield is enticing. Alaris has stumbled as of late. He prefers DIV-T.
Show full opinionHide full opinion
DIV-T vs AD-T He owns Diversified. He likes their management team and it pays a good dividend. He waits to hear how management will deploy their capital going forward, but likes how management has been prudent with it. The yield is enticing. Alaris has stumbled as of late. He prefers DIV-T.
WATCH
WATCH
November 27, 2018
It screens very high in his metrics. Nothing wrong fundementally here. A potential buy.
Show full opinionHide full opinion
It screens very high in his metrics. Nothing wrong fundementally here. A potential buy.
HOLD
HOLD
October 26, 2018

Pays a nice dividend. The stock had been coming off. They were supposed to have signed some royalty deals, but haven't in 18 months. He prefers that they take their time and be careful, but eventually they need to sign in order to lower their payout ratio. This should do okay during the current market downturn.

Show full opinionHide full opinion

Pays a nice dividend. The stock had been coming off. They were supposed to have signed some royalty deals, but haven't in 18 months. He prefers that they take their time and be careful, but eventually they need to sign in order to lower their payout ratio. This should do okay during the current market downturn.

BUY
BUY
October 4, 2018

They buy the royalty rights for a company they are taking over. It is a high growth business. They have increased same store sales. The value will probably go up from here.

Show full opinionHide full opinion

They buy the royalty rights for a company they are taking over. It is a high growth business. They have increased same store sales. The value will probably go up from here.

BUY
BUY
August 28, 2018

It screens well in his quantitative strategies. They had a big hiccup a year and a half ago with one of their restaurant royalties. Since then, they added an auto muffler and oil change service. It has grown quickly. The stock hasn’t done much but has built a big base at this level. He’s looking to buy more. He likes the interest-sensitive stocks now because he thinks the rate-hike cycle is almost done, especially in Canada. He thinks that a significant consumer slowdown has started, which will put a brake on rates. In the US, the Fed has been indicating too that it is slowing rate hikes. (Analysts’ price target is $4.13)

Show full opinionHide full opinion

It screens well in his quantitative strategies. They had a big hiccup a year and a half ago with one of their restaurant royalties. Since then, they added an auto muffler and oil change service. It has grown quickly. The stock hasn’t done much but has built a big base at this level. He’s looking to buy more. He likes the interest-sensitive stocks now because he thinks the rate-hike cycle is almost done, especially in Canada. He thinks that a significant consumer slowdown has started, which will put a brake on rates. In the US, the Fed has been indicating too that it is slowing rate hikes. (Analysts’ price target is $4.13)

HOLD
HOLD
August 10, 2018

They have owned this for some time. It has holdings in Mr. Lube, Sutton Group and Airmiles. They hold a lot of cash and have a dividend over 6%. He would continue to hold this. Yield 6%.

Show full opinionHide full opinion

They have owned this for some time. It has holdings in Mr. Lube, Sutton Group and Airmiles. They hold a lot of cash and have a dividend over 6%. He would continue to hold this. Yield 6%.

HOLD
HOLD
June 13, 2018

He owns this one. He likes it, but is waiting for them to sign another deal. Management just bought back a bunch of their shares, which suggests to him they do not have an imminent deal just yet. He thinks they have a good pipeline for new deal opportunities. Yield 6.9%.

Show full opinionHide full opinion

He owns this one. He likes it, but is waiting for them to sign another deal. Management just bought back a bunch of their shares, which suggests to him they do not have an imminent deal just yet. He thinks they have a good pipeline for new deal opportunities. Yield 6.9%.

BUY
BUY
May 15, 2018

He has a small long position in it. They had problems with an investment they made a few years ago, but it has turned around, so there is some momentum to the earnings. (Analysts’ price target is 4$)

Show full opinionHide full opinion

He has a small long position in it. They had problems with an investment they made a few years ago, but it has turned around, so there is some momentum to the earnings. (Analysts’ price target is 4$)

COMMENT
COMMENT
December 21, 2017

There was talk of them signing another royalty agreement by year-end, and he is not sure that’s going to come to fruition. Still likes the story and continues to have a half decent position in it.

Show full opinionHide full opinion

There was talk of them signing another royalty agreement by year-end, and he is not sure that’s going to come to fruition. Still likes the story and continues to have a half decent position in it.

BUY
BUY
November 16, 2017

It is an old pick of his. They buy royalties. They hit a speed bump a couple of years ago when they bought a royalty stream in Alberta when the economy there tanked. They now have a lot of promise. It has a nice little dividend. As they diversify their royalty stream it should get a higher multiple.

Show full opinionHide full opinion

It is an old pick of his. They buy royalties. They hit a speed bump a couple of years ago when they bought a royalty stream in Alberta when the economy there tanked. They now have a lot of promise. It has a nice little dividend. As they diversify their royalty stream it should get a higher multiple.

COMMENT
COMMENT
October 5, 2017

Hit a big speedbump a couple of years ago, when they bought a royalty on an Alberta centric restaurant chain. The CEO is one of the best he has ever met. He managed to sell that chain, and then sat on the cash. He just bought the Air Miles trademark and a variety of related royalties in Canada. That sent the stock sharply higher. Dividend yield of about 7%. This is a great business to own.

Show full opinionHide full opinion

Hit a big speedbump a couple of years ago, when they bought a royalty on an Alberta centric restaurant chain. The CEO is one of the best he has ever met. He managed to sell that chain, and then sat on the cash. He just bought the Air Miles trademark and a variety of related royalties in Canada. That sent the stock sharply higher. Dividend yield of about 7%. This is a great business to own.

WAIT
WAIT
September 28, 2017

It has had a really big run here. It was falling and then they signed with Air Miles. Now their payout ratio is not above 100% like it was. They may sign another deal by year end and that would cover off their dividend. He likes the management team but he is not sure theres much more upward room left, unless they sign another deal. Some analysts are calling for $3.75-$4. There's strength and the fundamentals are looking good, but he thinks its more fairly priced now than it was a couple months ago.

Show full opinionHide full opinion

It has had a really big run here. It was falling and then they signed with Air Miles. Now their payout ratio is not above 100% like it was. They may sign another deal by year end and that would cover off their dividend. He likes the management team but he is not sure theres much more upward room left, unless they sign another deal. Some analysts are calling for $3.75-$4. There's strength and the fundamentals are looking good, but he thinks its more fairly priced now than it was a couple months ago.

COMMENT
COMMENT
September 26, 2017

It has done so well that he is not interested in it. He prefers companies that are out of favour. This has franchises, including Mr. Lube, Sutton Realty and Air Miles. Pays a great dividend, but has no idea how sustainable that is. Had a bit of a checkered past, so he is not as interested. If looking for a dividend player, and if this company can sustain their dividend, it could do very, very well going forward.

Show full opinionHide full opinion

It has done so well that he is not interested in it. He prefers companies that are out of favour. This has franchises, including Mr. Lube, Sutton Realty and Air Miles. Pays a great dividend, but has no idea how sustainable that is. Had a bit of a checkered past, so he is not as interested. If looking for a dividend player, and if this company can sustain their dividend, it could do very, very well going forward.

HOLD
HOLD
August 21, 2017

A royalty company. They pay out almost all cash in their dividends. They acquired a Western Canada restaurant chain, but sold it and are sitting on a lot of cash. Their dividend is not covered. It should be relatively soon that they make a replacement acquisition and then you should see the stock pop. The high yield is not risky because they have the cash balance to cover the yield. He thinks the management will do something intelligent.

Show full opinionHide full opinion

A royalty company. They pay out almost all cash in their dividends. They acquired a Western Canada restaurant chain, but sold it and are sitting on a lot of cash. Their dividend is not covered. It should be relatively soon that they make a replacement acquisition and then you should see the stock pop. The high yield is not risky because they have the cash balance to cover the yield. He thinks the management will do something intelligent.

DON'T BUY
DON'T BUY
July 27, 2017

A healthy dividend yield, but once you adjust for onetime items it is about a 100% payout ratio. Maybe they will grow into their dividend. The management has done an okay job to date. He prefers AD-T. Be careful until they fix the problems with their payout ratio.

Show full opinionHide full opinion

A healthy dividend yield, but once you adjust for onetime items it is about a 100% payout ratio. Maybe they will grow into their dividend. The management has done an okay job to date. He prefers AD-T. Be careful until they fix the problems with their payout ratio.

PAST TOP PICK
PAST TOP PICK
May 30, 2017

(A Top Pick April 27/16. Up 27%.) He likes this company. They buy royalties and have done a good job. Had a misstep when they bought an interest in an Alberta restaurant, which hurt them a lot when the economy turned down. However, they got rid of that at a good price. They have lots of cash. Have a royalty on Mr. Lube and are looking around for more. A good CEO which has good deal-making abilities. Dividend yield of 8.4%.

Show full opinionHide full opinion

(A Top Pick April 27/16. Up 27%.) He likes this company. They buy royalties and have done a good job. Had a misstep when they bought an interest in an Alberta restaurant, which hurt them a lot when the economy turned down. However, they got rid of that at a good price. They have lots of cash. Have a royalty on Mr. Lube and are looking around for more. A good CEO which has good deal-making abilities. Dividend yield of 8.4%.

COMMENT
COMMENT
May 25, 2017

Payout ratio is more than 100%, but they sold one of their Alberta assets. They are looking to redeploy that cash from that, but for now they’re going to pay a little bit more than their actual cash flow numbers. Their dividend is quite high at about 8.5%, so people are worried about that. If you break up this company, you could get close to $3.

Show full opinionHide full opinion

Payout ratio is more than 100%, but they sold one of their Alberta assets. They are looking to redeploy that cash from that, but for now they’re going to pay a little bit more than their actual cash flow numbers. Their dividend is quite high at about 8.5%, so people are worried about that. If you break up this company, you could get close to $3.

HOLD
HOLD
February 28, 2017

Pretty steady right now because they sold one of their assets and have a lot of cash on the balance sheet. They are looking for other things to deploy their capital. They own Mr. Lube which has been consistently growing through the years, as well as Sutton Real Estate. Feels comfortable with this, and it is just a matter of what they are going to deploy their capital in. Has a nice yield of 8.7%.

Show full opinionHide full opinion

Pretty steady right now because they sold one of their assets and have a lot of cash on the balance sheet. They are looking for other things to deploy their capital. They own Mr. Lube which has been consistently growing through the years, as well as Sutton Real Estate. Feels comfortable with this, and it is just a matter of what they are going to deploy their capital in. Has a nice yield of 8.7%.

COMMENT
COMMENT
February 24, 2017

A pretty solid company. They’ve had some missteps in the past when they made an acquisition and overpaid for it. They tried to establish a footprint, and as a result he thinks they overpaid. However, he feels that management is very solid and the dividend yield is sustainable, although it is a pretty high payout ratio. Expects that there will be more acquisitions from them, and over time, it will become a solid, dividend, profile stock. However, the risks are still elevated as to their payout ratio.

Show full opinionHide full opinion

A pretty solid company. They’ve had some missteps in the past when they made an acquisition and overpaid for it. They tried to establish a footprint, and as a result he thinks they overpaid. However, he feels that management is very solid and the dividend yield is sustainable, although it is a pretty high payout ratio. Expects that there will be more acquisitions from them, and over time, it will become a solid, dividend, profile stock. However, the risks are still elevated as to their payout ratio.

BUY
BUY
February 16, 2017

A royalty company. He likes that business model. The CEO acquired a chain of royalty streams in an Alberta restaurant chain. The dividend is close to 10%, but it is not covered by cash. He recommends getting it with a DRIP program. It is not the safest dividend stock but it is interesting.

Show full opinionHide full opinion

A royalty company. He likes that business model. The CEO acquired a chain of royalty streams in an Alberta restaurant chain. The dividend is close to 10%, but it is not covered by cash. He recommends getting it with a DRIP program. It is not the safest dividend stock but it is interesting.

HOLD
HOLD
January 25, 2017

He really takes his hat off to Sean Morrison who was the one that structured the deals in some of the restaurant royalties. Their first royalty deal was Fran Works, and same-store sales declined quite dramatically because of their Alberta exposure, but he was able to sell that for more than what he had paid for it. He is now sitting on about $85 million, and is hunting for some more royalties. These things don’t happen fast. 8.5% dividend yield.

Show full opinionHide full opinion

He really takes his hat off to Sean Morrison who was the one that structured the deals in some of the restaurant royalties. Their first royalty deal was Fran Works, and same-store sales declined quite dramatically because of their Alberta exposure, but he was able to sell that for more than what he had paid for it. He is now sitting on about $85 million, and is hunting for some more royalties. These things don’t happen fast. 8.5% dividend yield.

Showing 1 to 30 of 152 entries

Diversified Royalty Corp.(DIV-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 6

Stockchase rating for Diversified Royalty Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Diversified Royalty Corp.(DIV-T) Frequently Asked Questions

What is Diversified Royalty Corp. stock symbol?

Diversified Royalty Corp. is a Canadian stock, trading under the symbol DIV-T on the Toronto Stock Exchange (DIV-CT). It is usually referred to as TSX:DIV or DIV-T

Is Diversified Royalty Corp. a buy or a sell?

In the last year, 6 stock analysts published opinions about DIV-T. 3 analysts recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Diversified Royalty Corp..

Is Diversified Royalty Corp. a good investment or a top pick?

Diversified Royalty Corp. was recommended as a Top Pick by Bruce Campbell (2) on 2020-02-13. Read the latest stock experts ratings for Diversified Royalty Corp..

Why is Diversified Royalty Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Diversified Royalty Corp. worth watching?

6 stock analysts on Stockchase covered Diversified Royalty Corp. In the last year. It is a trending stock that is worth watching.

What is Diversified Royalty Corp. stock price?

On 2020-02-21, Diversified Royalty Corp. (DIV-T) stock closed at a price of $3.3.