Freehold Royalties Ltd. (FRU) to Issue Monthly Dividend of $0.09 on March 16th

Freehold Royalties Ltd. (TSE:FRU) announced a monthly dividend on Friday, February 27th, TickerTech Dividends reports. Stockholders of record on Monday, March 16th will be paid a dividend of 0.09 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, February 27th.

Freehold Royalties Price Performance

Shares of FRU stock opened at C$17.59 on Friday. Freehold Royalties has a fifty-two week low of C$10.53 and a fifty-two week high of C$17.72. The company has a debt-to-equity ratio of 22.91, a quick ratio of 1.50 and a current ratio of 1.65. The firm has a market capitalization of C$2.88 billion, a price-to-earnings ratio of 21.99, a PEG ratio of -0.92 and a beta of 0.68. The stock’s 50-day simple moving average is C$16.11 and its 200-day simple moving average is C$14.79.

About Freehold Royalties

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.