Freehold Royalties Ltd (OTCMKTS:FRHLF – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $10.50 and last traded at $10.4020, with a volume of 22968 shares. The stock had previously closed at $10.24.
Freehold Royalties Stock Performance
The stock has a fifty day moving average price of $9.91 and a 200 day moving average price of $9.51. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1.69 billion and a price-to-earnings ratio of 18.73.
Freehold Royalties Increases Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 1st were paid a $0.0652 dividend. The ex-dividend date was Tuesday, September 30th. This is a positive change from Freehold Royalties’s previous dividend of $0.07. This represents a dividend yield of 794.0%. Freehold Royalties’s dividend payout ratio is presently 138.18%.
Freehold Royalties Company Profile
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.
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