Freehold Royalties Ltd. (FRU) To Go Ex-Dividend on August 31st

Freehold Royalties Ltd. (TSE:FRU) announced a monthly dividend on Monday, August 31st, TickerTech Dividends reports. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.09 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Monday, August 31st.

Freehold Royalties Trading Down 1.5%

Freehold Royalties stock opened at C$17.58 on Friday. Freehold Royalties has a 12 month low of C$13.08 and a 12 month high of C$18.22. The company has a quick ratio of 1.50, a current ratio of 1.80 and a debt-to-equity ratio of 28.05. The stock has a market cap of C$2.88 billion, a P/E ratio of 20.68, a P/E/G ratio of -0.92 and a beta of 0.59. The company’s fifty day simple moving average is C$16.82 and its 200-day simple moving average is C$17.14.

Freehold Royalties (TSE:FRU) last announced its quarterly earnings data on Wednesday, July 29th. The company reported C$0.34 earnings per share (EPS) for the quarter. The business had revenue of C$100.29 million during the quarter. Freehold Royalties had a return on equity of 13.88% and a net margin of 43.54%. As a group, sell-side analysts forecast that Freehold Royalties will post 0.7581169 EPS for the current fiscal year.

About Freehold Royalties

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.