Freehold Royalties Ltd. (TSE:FRU) Shareholders to Receive $0.09 Monthly Dividend

Freehold Royalties Ltd. (TSE:FRU – Get Free Report) declared a monthly dividend on Friday, October 30th. Investors of record on Monday, November 16th will be paid a dividend of $0.09 per share on Monday, November 16th. This represents a $1.08 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Friday, October 30th.

Freehold Royalties Stock Performance

Shares of FRU opened at C$17.68 on Wednesday. The stock has a market capitalization of C$2.90 billion, a price-to-earnings ratio of 20.80, a PEG ratio of -0.92 and a beta of 0.76. Freehold Royalties has a 12 month low of C$13.86 and a 12 month high of C$18.22. The firm has a fifty day simple moving average of C$17.32 and a 200 day simple moving average of C$17.05. The company has a current ratio of 1.80, a quick ratio of 1.50 and a debt-to-equity ratio of 28.05.

Freehold Royalties (TSE:FRU – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$0.34 earnings per share (EPS) for the quarter. Freehold Royalties had a net margin of 43.54% and a return on equity of 13.88%. The firm had revenue of C$100.29 million for the quarter. Research analysts forecast that Freehold Royalties will post 0.76 EPS for the current fiscal year.

About Freehold Royalties

(Get Free Report)

Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins primarily located in the states of Texas, Louisiana, and North Dakota. The majority of its revenue is generated from Canada Segment.

Further Reading

Dividend History for Freehold Royalties (TSE:FRU)

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