Diversified Royalty Corp.

DIV on TSXToday's ChangeVolume52 Week Range (Low/Hi)Market Cap
1.83CAN 0.55%128,2601.1700 - 3.4400221.024M

Contact Information

Diversified Royalty Corp.

Headquarters:
510 Burrard Street , Suite 902
Vancouver, British Columbia
Canada, V6C 3A8
Tel: (604) 235-3146
Fax: (604) 685-9970
Website: Visit website

DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

DIV  currently  owns  the  Mr. Lube, AIR MILES®, Sutton,  Mr. Mikes, Nurse Next Door and Oxford Learning Centres trademarks. Mr. Lube is the  leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada’s largest coalition loyalty program with approximately two-thirds of Canadian households actively participating in the AIR MILES®Program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes currently operates casual steakhouse restaurants primarily in western Canadian communities. Nurse  Next  Door is one of North America’s fastest growing home care providers with locations across Canada and the United States as well as in  Australia. Oxford Learning Centres is one of Canada’s leading franchised supplemental education services in Canada and the United States.

DIV intends to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV expects to   pay a predictable and stable dividend to shareholders and increase the dividend as cash flow per share increases allow.

Sean Morrison- President & Chief Executive Officer

Greg Gutmanis- Chief Financial Officer & VP Acquisitions

Abigail Meana- Corporate Controller

Lawrence Haber- Executive Chairman

Johnny Ciampi- Independent Director

Paula Rogers- Independent Director

Garry Herdler- Independent Director

Lorraine McLachlan- Independent Director

Stock Information

Company Overview

DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

DIV  currently  owns  the  Mr. Lube, AIR MILES®, Sutton,  Mr. Mikes, Nurse Next Door and Oxford Learning Centres trademarks. Mr. Lube is the  leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada’s largest coalition loyalty program with approximately two-thirds of Canadian households actively participating in the AIR MILES®Program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes currently operates casual steakhouse restaurants primarily in western Canadian communities. Nurse  Next  Door is one of North America’s fastest growing home care providers with locations across Canada and the United States as well as in  Australia. Oxford Learning Centres is one of Canada’s leading franchised supplemental education services in Canada and the United States.

DIV intends to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV expects to   pay a predictable and stable dividend to shareholders and increase the dividend as cash flow per share increases allow.

Management

Sean Morrison- President & Chief Executive Officer

Greg Gutmanis- Chief Financial Officer & VP Acquisitions

Abigail Meana- Corporate Controller

Board of Directors

Lawrence Haber- Executive Chairman

Johnny Ciampi- Independent Director

Paula Rogers- Independent Director

Garry Herdler- Independent Director

Lorraine McLachlan- Independent Director

Contact Information

Headquarters:
510 Burrard Street , Suite 902
Vancouver, British Columbia
V6C 3A8, Canada
Telephone: (604) 235-3146
Fax: (604) 685-9970
Website: Visit website