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

Freehold Royalties Ltd. (TSE:FRU) announced a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.09 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Tuesday, June 30th.

Freehold Royalties Stock Up 0.1%

Shares of TSE:FRU opened at C$16.27 on Friday. The company has a market capitalization of C$2.67 billion, a price-to-earnings ratio of 30.13, a P/E/G ratio of -0.92 and a beta of 0.56. The company has a debt-to-equity ratio of 30.45, a current ratio of 1.73 and a quick ratio of 1.50. The business’s 50-day moving average is C$17.23 and its 200-day moving average is C$16.72. Freehold Royalties has a 1 year low of C$12.69 and a 1 year high of C$18.22.

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