Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report) announced a dividend on Saturday, January 18th,investing.com reports. Shareholders of record on Monday, February 3rd will be given a dividend of 0.0628 per share on Tuesday, February 18th. This represents a yield of 8.38%. The ex-dividend date is Friday, January 31st.
Freehold Royalties Price Performance
Shares of FRHLF opened at $8.99 on Friday. The firm has a fifty day moving average price of $9.40 and a 200-day moving average price of $9.86. Freehold Royalties has a 12-month low of $8.16 and a 12-month high of $11.00.
Analysts Set New Price Targets
Separately, Raymond James started coverage on shares of Freehold Royalties in a research report on Friday, October 18th. They issued a “market perform” rating and a $16.00 price objective for the company.
About Freehold Royalties
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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