Diversified Royalty Corp. (TSX:DIV)
Canada · Delayed Price · Currency is CAD 4.660
0.00 (0.00%)
Jun 29, 2026, 4:00 PM EST
Diversified Royalty Earnings Call Transcripts
Fiscal Year 2026
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Acquisition of Mr. Lube + Tires' franchisor business for CAD 235 million accelerates growth, increases cash flow per share by 11%, and leverages a proven, market-leading franchise network. The deal is funded through a mix of debt, rolled equity, and cash, with a focus on continued expansion and deleveraging.
Fiscal Year 2025
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A $36M U.S. royalty deal with Cheba Hut boosts portfolio diversification, distributable cash per share, and U.S. market exposure. Cheba Hut's strong growth, robust pipeline, and experienced management underpin the transaction, which also supports a 10% dividend increase.