Freehold Royalties Ltd. (FRHLF) to Issue Dividend of $0.06 on December 16th

Freehold Royalties Ltd. (OTCMKTS:FRHLF) announced a dividend on Friday, November 22nd,investing.com reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.0649 per share on Monday, December 16th. This represents a dividend yield of 7.61%. The ex-dividend date of this dividend is Friday, November 29th.

Freehold Royalties Price Performance

FRHLF opened at $9.96 on Wednesday. Freehold Royalties has a 12-month low of $9.30 and a 12-month high of $11.00. The company’s 50 day moving average is $10.17 and its 200 day moving average is $10.07.

Wall Street Analysts Forecast Growth

Separately, Raymond James assumed coverage on shares of Freehold Royalties in a research report on Friday, October 18th. They set a “market perform” rating and a $16.00 price objective for the company.

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.