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

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

Freehold Royalties Stock Performance

Shares of Freehold Royalties stock opened at C$17.58 on Friday. The business’s fifty day simple moving average is C$16.82 and its 200 day simple moving average is C$17.14. 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 has a 12 month low of C$13.08 and a 12 month high of C$18.22. The firm has a market capitalization of C$2.88 billion, a P/E ratio of 20.68, a price-to-earnings-growth ratio of -0.92 and a beta of 0.59.

Freehold Royalties (TSE:FRU) last announced its earnings results on Wednesday, July 29th. The company reported C$0.34 earnings per share (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%. As a group, analysts anticipate that Freehold Royalties will post 0.7581169 EPS 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.