Freehold Royalties Ltd. (FRU) to Issue Monthly Dividend of $0.09 on August 17th

Freehold Royalties Ltd. (TSE:FRU) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be given a dividend of 0.09 per share on Monday, August 17th. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date is Friday, July 31st.

Freehold Royalties Price Performance

Shares of FRU opened at C$16.46 on Wednesday. Freehold Royalties has a twelve month low of C$12.94 and a twelve month high of C$18.22. The firm’s fifty day simple moving average is C$16.76 and its 200-day simple moving average is C$16.93. The firm has a market capitalization of C$2.70 billion, a price-to-earnings ratio of 30.48, a PEG ratio of -0.92 and a beta of 0.59. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 30.45.

Freehold Royalties (TSE:FRU) last released its quarterly earnings results on Tuesday, May 12th. The company reported C$0.21 earnings per share (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 during the quarter. Equities analysts forecast 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.