Loading quotes...

Forecast

Buy	0
Hold	1
Sell	0

News Go to news feed

Diversified Royalty to acquire Mr. Lube franchise business for C$235 million

Diversified Royalty has signed a binding agreement to buy the Mr. Lube + Tires franchise business in Canada for C$235 million. Financing will consist of cash, existing and new credit facilities, plus a share distribution and management reinvestments; the latter will retain roughly 4% of the buyer. With the acquisition, Diversified Royalty will assume franchise and supplier agreements for 187 locations; the combined business is estimated to generate an adjusted EBITDA of about C$58.7 million in the twelve months after closing. The board is keeping the annualized dividend at C$0.285 and expects the deal to close by the end of Q2 2026, subject to regulatory approvals. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics

In 2026, Diversified Royalty has already paid €0.15 in dividends. The last payout was in October.

Financials

In the last quarter, Diversified Royalty had revenue of €13.38M and net profit of €1.94M

(EUR)	June 2026	YoY
Revenue	13.38M	20.21%
Gross profit	13.12M	17.90%
Net profit	1.94M	65.54%
EBITDA	10.56M	6.38%

Fundamentals

Metric	Value
Market capitalization	€460.59M
Number of shares	174.69M
52-week high/low	€3.25 - €2.17
Dividend yield	6.75%
Dividends TTM	€0.18
Next dividend	€0.0151
Beta	1.02
P/E ratio	22.83
PEG ratio	3.88
P/B ratio	2.33
P/S ratio	9.30

Company profile

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. The company owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was incorporated in 1992 and is headquartered in Vancouver, Canada.

Name	Diversified Royalty
CEO	Sean Morrison
Headquarters	Vancouver, bc Canada
Website	diversifiedroyaltycorp.com
Sector	Financials
Industry	Capital Markets
IPO	06/03/1998
Employees	44