Diversified Royalty Corp.

Diversified Royalty Corp. (DIV) is a multi-royalty corporation that acquires top-line royalties from well-managed multi-location businesses and franchisors in North America. Their objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. Currently, DIV owns the Mr. Lube, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. They aim to increase cash flow per share through accretive royalty purchases and the growth of purchased royalties to provide a predictable and stable dividend to shareholders. The company was founded in 1992 and is headquartered in Canada. Their latest investment was a $47.00M Post-IPO Equity investment on 14 February 2024.