Freehold Royalties Ltd. (FRU) to Issue Monthly Dividend of $0.09 on September 15th

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

Freehold Royalties Price Performance

Shares of TSE:FRU opened at C$17.58 on Friday. The company 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 has a quick ratio of 1.50, a current ratio of 1.80 and a debt-to-equity ratio of 28.05. Freehold Royalties has a 52 week low of C$13.08 and a 52 week high of C$18.22. The business has a fifty day simple moving average of C$16.82 and a 200-day simple moving average of C$17.14.

Freehold Royalties (TSE:FRU) last released its earnings results on Wednesday, July 29th. The company reported C$0.34 earnings per share for the quarter. Freehold Royalties had a return on equity of 13.88% and a net margin of 43.54%.The firm had revenue of C$100.29 million for the quarter. Equities research analysts forecast 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.