Freehold Royalties Ltd. (FRU) to Distribute Monthly Dividend of $0.09 on August 17th

Freehold Royalties Ltd. (TSE:FRU) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.09 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, July 31st.

Freehold Royalties Price Performance

TSE FRU traded up C$0.15 during midday trading on Wednesday, hitting C$16.61. The company had a trading volume of 138,410 shares, compared to its average volume of 714,468. The company has a market capitalization of C$2.72 billion, a PE ratio of 30.76, a P/E/G ratio of -0.92 and a beta of 0.59. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 30.45. The firm has a 50-day moving average price of C$16.76 and a 200-day moving average price of C$16.93. Freehold Royalties has a twelve month low of C$12.94 and a twelve month high of C$18.22.

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

Insider Activity

In other news, insider Bradley Robert Monaco acquired 6,060 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were bought at an average price of C$16.56 per share, with a total value of C$100,353.60. Following the acquisition, the insider directly owned 6,060 shares in the company, valued at C$100,353.60. The trade was a ∞ increase in their position. Company insiders own 0.45% of the company’s stock.

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.