Freehold Royalties Ltd. (FRU) To Go Ex-Dividend on October 30th

Freehold Royalties Ltd. (TSE:FRU) declared a monthly dividend on Friday, October 30th. Shareholders of record on Monday, November 16th will be paid a dividend of $0.09 per share on Monday, November 16th. This represents a $1.08 annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, October 30th.

Freehold Royalties Price Performance

FRU stock opened at C$17.68 on Wednesday. The company has a fifty day moving average price of C$17.32 and a 200-day moving average price of C$17.05. The company has a market capitalization of C$2.90 billion, a P/E ratio of 20.80, a PEG ratio of -0.92 and a beta of 0.76. Freehold Royalties has a 52-week low of C$13.86 and a 52-week high of C$18.22. The company has a debt-to-equity ratio of 28.05, a quick ratio of 1.50 and a current ratio of 1.80.

Freehold Royalties (TSE:FRU) last posted its quarterly earnings data on Wednesday, July 29th. The company reported C$0.34 earnings per share for the quarter. The business had revenue of C$100.29 million during the quarter. Freehold Royalties had a return on equity of 13.88% and a net margin of 43.54%. As a group, equities analysts expect that Freehold Royalties will post 0.76 EPS for the current year.

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.