Freehold Royalties Ltd. (FRU) To Go Ex-Dividend on May 29th

Freehold Royalties Ltd. (TSE:FRU) declared a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Shareholders of record on Monday, June 15th will be paid a dividend of 0.09 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, May 29th.

Freehold Royalties Price Performance

FRU stock opened at C$17.45 on Wednesday. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 30.45. Freehold Royalties has a 12 month low of C$12.04 and a 12 month high of C$18.22. The firm has a market capitalization of C$2.86 billion, a P/E ratio of 32.31, a price-to-earnings-growth ratio of -0.92 and a beta of 0.59. The firm has a 50 day moving average of C$17.38 and a 200-day moving average of C$16.39.

Freehold Royalties (TSE:FRU) last issued its earnings results on Tuesday, May 12th. The company reported C$0.21 earnings per share for the quarter. Freehold Royalties had a net margin of 29.84% and a return on equity of 8.81%. The company had revenue of C$77.82 million for the quarter. As a group, sell-side analysts predict that Freehold Royalties will post 0.7581169 earnings per share for the current fiscal year.

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.