Freehold Royalties Ltd. (FRU) To Go Ex-Dividend on March 31st

Freehold Royalties Ltd. (TSE:FRU) declared a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.09 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Tuesday, March 31st.

Freehold Royalties Stock Performance

Shares of TSE:FRU traded up C$0.17 during trading on Friday, reaching C$17.64. The stock had a trading volume of 1,242,943 shares, compared to its average volume of 814,168. The company has a quick ratio of 1.50, a current ratio of 1.41 and a debt-to-equity ratio of 28.51. The stock has a fifty day simple moving average of C$17.06 and a two-hundred day simple moving average of C$15.38. The firm has a market capitalization of C$2.89 billion, a price-to-earnings ratio of 31.50, a P/E/G ratio of -0.92 and a beta of 0.65. Freehold Royalties has a 52 week low of C$10.53 and a 52 week high of C$18.22.

Freehold Royalties (TSE:FRU) last posted its earnings results on Wednesday, March 11th. The company reported C$0.31 earnings per share (EPS) for the quarter. The business had revenue of C$69.76 million for the quarter. Freehold Royalties had a net margin of 29.28% and a return on equity of 8.82%. As a group, analysts anticipate 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.