Freehold Royalties Ltd. (TSE:FRU) Announces $0.09 Monthly Dividend

Freehold Royalties Ltd. (TSE:FRU) declared a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Shareholders of record on Monday, June 15th will be given a dividend of 0.09 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Friday, May 29th.

Freehold Royalties Trading Up 0.8%

Shares of Freehold Royalties stock opened at C$17.45 on Wednesday. Freehold Royalties has a twelve month low of C$12.04 and a twelve month high of C$18.22. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 30.45. The business has a 50-day moving average price of C$17.38 and a 200-day moving average price of C$16.39. The firm has a market cap of C$2.86 billion, a price-to-earnings ratio of 32.31, a PEG ratio of -0.92 and a beta of 0.59.

Freehold Royalties (TSE:FRU) last posted its earnings results on Tuesday, May 12th. The company reported C$0.21 EPS for the quarter. The company had revenue of C$77.82 million for the quarter. Freehold Royalties had a return on equity of 8.81% and a net margin of 29.84%. Equities research analysts anticipate that Freehold Royalties will post 0.7581169 EPS for the current fiscal year.

Freehold Royalties Company Profile

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.