Freehold Royalties Ltd (FRHLF) to Issue Dividend of $0.06 on December 15th

by · The Cerbat Gem

Freehold Royalties Ltd (OTCMKTS:FRHLF – Get Free Report) declared a dividend on Wednesday, November 26th, investing.com reports. Shareholders of record on Monday, December 1st will be given a dividend of 0.0642 per share on Monday, December 15th. This represents a yield of 731.0%. The ex-dividend date is Friday, November 28th.

Freehold Royalties Stock Up 0.8%

OTCMKTS FRHLF traded up $0.09 during trading on Wednesday, reaching $10.64. 16,388 shares of the company’s stock traded hands, compared to its average volume of 66,144. Freehold Royalties has a 12-month low of $7.45 and a 12-month high of $10.90. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.70 and a quick ratio of 1.70. The firm has a market cap of $1.74 billion and a price-to-earnings ratio of 19.34. The company’s 50 day simple moving average is $10.08 and its two-hundred day simple moving average is $9.66.

Freehold Royalties (OTCMKTS:FRHLF – Get Free Report) last released its quarterly earnings data on Thursday, November 13th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.04. The firm had revenue of $54.00 million for the quarter. Freehold Royalties had a net margin of 37.26% and a return on equity of 11.47%.

About Freehold Royalties

(Get Free Report)

Freehold Royalties Ltd. engages in the acquiring and managing royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. Freehold Royalties Ltd. was founded in 1996 and is headquartered in Calgary, Canada.

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