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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (33947)	9/7/2017 3:24:01 PM
From: Goose94	Read Replies (2) \| Respond to of 203414

Diversified Royalty (DIV-T) new 52 week high, $2.86

To: Goose94 who wrote (33947)	10/5/2017 9:11:49 AM
From: Goose94	Read Replies (2) \| Respond to of 203414

Diversified Royalty (DIV-T) a successor to Benev Capital, has seven buy recommendations. Diversified hit an all-time high this week. In mid-2014, Benev was under siege from Difference Capital. Difference bought enough shares (28 per cent) to give it the control block in Benev. A couple of weeks after the board approved a $103-million acquisition of a "top line" royalty interest in Franworks Franchise, Difference, which wanted to convert Benev to an early stage merchant bank, sold its shares through a $22-million transaction. Out of that fracas, came Diversified. At the time, Diversified also completed a private placement at $1.66 a share and a public financing at $2.40 a share. The shares closed Wednesday at $3.15. It has been a good story for shareholders, given the share price appreciation and the regular monthly dividend, says Diversified chief executive officer Sean Morrison. He says, "We generate about $27-million of revenue, about $24-million of EBITDA and pay out about $23-million in dividends."