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

Freehold Royalties Ltd. (TSE:FRU) announced a monthly dividend on Friday, October 30th. Stockholders 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 dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, October 30th.

Freehold Royalties Price Performance

TSE:FRU opened at C$17.68 on Wednesday. The business’s 50-day moving average is C$17.32 and its 200 day moving average is C$17.05. Freehold Royalties has a 12 month low of C$13.86 and a 12 month high of C$18.22. The company has a market capitalization of C$2.90 billion, a P/E ratio of 20.80, a P/E/G ratio of -0.92 and a beta of 0.76. 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) last posted its earnings results on Wednesday, July 29th. The company reported C$0.34 EPS for the quarter. The firm 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%. On average, equities research analysts forecast that Freehold Royalties will post 0.76 earnings per share 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.