Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report) announced a dividend on Tuesday, October 22nd, investing.com reports. Shareholders of record on Friday, November 1st will be paid a dividend of 0.0653 per share on Friday, November 15th. This represents a yield of 7.76%. The ex-dividend date of this dividend is Thursday, October 31st.
Freehold Royalties Price Performance
FRHLF stock opened at $9.91 on Wednesday. Freehold Royalties has a one year low of $9.30 and a one year high of $11.08. The company’s 50 day moving average price is $10.18 and its two-hundred day moving average price is $10.12.
Wall Street Analyst Weigh In
Separately, Raymond James started coverage on shares of Freehold Royalties in a research report on Friday, October 18th. They issued a “market perform” rating and a $16.00 target price on the stock.
Freehold Royalties Company Profile
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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