Freehold Royalties Ltd. (OTCMKTS:FRHLF) Increases Dividend to $0.07 Per Share

Freehold Royalties Ltd. (OTCMKTS:FRHLF) announced a dividend on Saturday, September 21st, investing.com reports. Stockholders of record on Tuesday, October 1st will be given a dividend of 0.0662 per share on Tuesday, October 15th. This represents a dividend yield of 7.43%. The ex-dividend date of this dividend is Monday, September 30th. This is a boost from Freehold Royalties’s previous dividend of $0.07.

Freehold Royalties Stock Performance

Shares of Freehold Royalties stock opened at $10.30 on Friday. Freehold Royalties has a twelve month low of $9.30 and a twelve month high of $11.19. The business has a 50-day moving average price of $10.05 and a 200-day moving average price of $10.20.

About Freehold Royalties

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.