Freehold Royalties Ltd. (OTCMKTS:FRHLF) Declares Dividend Increase – $0.07 Per Share

Freehold Royalties Ltd. (OTCMKTS:FRHLF) announced a dividend on Friday, May 24th, investing.com reports. Investors of record on Monday, June 3rd will be given a dividend of 0.0659 per share on Monday, June 17th. This represents a yield of 7.99%. The ex-dividend date is Friday, May 31st. This is a positive change from Freehold Royalties’s previous dividend of $0.07.

Freehold Royalties Price Performance

Freehold Royalties stock opened at $9.77 on Friday. The firm has a 50 day moving average of $10.44 and a 200 day moving average of $10.37. Freehold Royalties has a 12-month low of $9.30 and a 12-month high of $11.35.

About Freehold Royalties

Freehold Royalties Ltd. engages in the acquiring and managing royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. Freehold Royalties Ltd. was founded in 1996 and is headquartered in Calgary, Canada.