Chief Executive Officer
CurrentDiversified Royalty Corp (“DIV”) is a TSX listed multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV has partnered with several of Canada's leading multi-location and franchisor businesses including: Mr. Lube, AIR MILES, Nurse Next Door, Sutton Realty, Oxford Learning and Mr. Mikes. DIV believes that the royalty structure provides a strong incentive for a Royalty Partner to grow its location base while allowing the Royalty Partner to retain direct control of its business. DIV's objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. DIV expects 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.