Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report) announced a dividend on Wednesday, April 23rd, investing.com reports. Shareholders of record on Thursday, May 1st will be given a dividend of 0.0647 per share on Thursday, May 15th. This represents a yield of 9.07%. The ex-dividend date of this dividend is Wednesday, April 30th. This is a 3.5% increase from Freehold Royalties’s previous dividend of $0.06.
Freehold Royalties Stock Up 0.3 %
Shares of FRHLF opened at $8.55 on Monday. Freehold Royalties has a twelve month low of $7.45 and a twelve month high of $11.00. The stock’s fifty day simple moving average is $8.59 and its 200 day simple moving average is $9.13.
Analyst Upgrades and Downgrades
Separately, National Bankshares reaffirmed an “outperform” rating on shares of Freehold Royalties in a research report on Friday.
About Freehold Royalties
Freehold Royalties Ltd. engages in the acquiring and managing royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. Freehold Royalties Ltd. was founded in 1996 and is headquartered in Calgary, Canada.
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