Freehold Royalties Ltd. (TSE:FRU) Announces Monthly Dividend of $0.09

Freehold Royalties Ltd. (TSE:FRU) announced a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.09 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Tuesday, June 30th.

Freehold Royalties Trading Up 0.1%

TSE FRU opened at C$16.27 on Friday. The firm has a market cap of C$2.67 billion, a PE ratio of 30.13, a price-to-earnings-growth ratio of -0.92 and a beta of 0.56. Freehold Royalties has a 1-year low of C$12.69 and a 1-year high of C$18.22. The stock has a 50-day moving average of C$17.23 and a 200-day moving average of C$16.72. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 30.45.

Freehold Royalties (TSE:FRU) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.21 earnings per share (EPS) for the quarter. The business had revenue of C$77.82 million for the quarter. Freehold Royalties had a return on equity of 8.81% and a net margin of 29.84%. As a group, sell-side analysts forecast 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.