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

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

Freehold Royalties Stock Performance

Shares of Freehold Royalties stock traded up C$0.07 on Friday, reaching C$17.59. 998,959 shares of the company were exchanged, compared to its average volume of 693,689. 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 cap of C$2.88 billion, a price-to-earnings ratio of 21.99, a P/E/G ratio of -0.92 and a beta of 0.68. Freehold Royalties has a 1-year low of C$10.53 and a 1-year high of C$17.72. The company’s 50-day moving average is C$16.11 and its two-hundred day moving average is C$14.77.

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.