Freehold Royalties Ltd. (FRU) to Distribute Monthly Dividend of $0.09 on October 15th

Freehold Royalties Ltd. (TSE:FRU) announced a monthly dividend on Tuesday, September 29th. Investors of record on Thursday, October 15th will be paid a dividend of $0.09 per share on Thursday, October 15th. This represents a $1.08 annualized dividend and a yield of 6.4%. The ex-dividend date is Tuesday, September 29th.

Freehold Royalties Stock Down 0.1%

Shares of TSE FRU traded down C$0.01 during mid-day trading on Friday, reaching C$16.82. The company had a trading volume of 385,854 shares, compared to its average volume of 664,446. The stock has a fifty day moving average of C$17.29 and a two-hundred day moving average of C$17.16. The company has a debt-to-equity ratio of 28.05, a quick ratio of 1.50 and a current ratio of 1.80. The company has a market capitalization of C$2.76 billion, a price-to-earnings ratio of 19.79, a PEG ratio of -0.92 and a beta of 0.62. Freehold Royalties has a 12-month low of C$13.41 and a 12-month high of C$18.22.

Freehold Royalties (TSE:FRU) last announced its quarterly earnings data on Wednesday, July 29th. The company reported C$0.34 EPS for the quarter. Freehold Royalties had a net margin of 43.54% and a return on equity of 13.88%. The firm had revenue of C$100.29 million for the quarter. As a group, equities research analysts expect that Freehold Royalties will post 0.7581169 EPS for the current 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.