Freehold Royalties Ltd. (FRU) To Go Ex-Dividend on September 29th

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

Freehold Royalties Stock Down 0.1%

Shares of FRU traded down C$0.01 during mid-day trading on Friday, hitting C$16.82. 385,854 shares of the company’s stock were exchanged, compared to its average volume of 664,446. Freehold Royalties has a twelve month low of C$13.41 and a twelve month high of C$18.22. The firm 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 quick ratio of 1.50, a current ratio of 1.80 and a debt-to-equity ratio of 28.05. The stock has a market cap of C$2.76 billion, a price-to-earnings ratio of 19.79, a P/E/G ratio of -0.92 and a beta of 0.62.

Freehold Royalties (TSE:FRU) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.34 earnings per share for the quarter. Freehold Royalties had a return on equity of 13.88% and a net margin of 43.54%.The company had revenue of C$100.29 million during the quarter. On average, sell-side analysts forecast that Freehold Royalties will post 0.7581169 earnings per share 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.