Freehold Royalties Ltd. (FRHLF) to Issue Dividend of $0.06 on March 17th

Freehold Royalties Ltd. (OTCMKTS:FRHLF) announced a dividend on Friday, February 21st, investing.com reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.0633 per share on Monday, March 17th. This represents a dividend yield of 8.5%. The ex-dividend date is Friday, February 28th. This is an increase from Freehold Royalties’s previous dividend of $0.06.

Freehold Royalties Stock Down 2.0 %

Shares of FRHLF stock opened at $8.96 on Friday. The business’s fifty day moving average price is $8.94 and its 200 day moving average price is $9.65. Freehold Royalties has a 1-year low of $8.16 and a 1-year high of $11.00.

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.