Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report) announced a dividend on Friday, November 22nd,investing.com reports. Investors of record on Monday, December 2nd will be paid 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 Stock Performance
FRHLF opened at $10.24 on Friday. Freehold Royalties has a 52 week low of $9.30 and a 52 week high of $11.00. The stock’s fifty day moving average is $10.16 and its two-hundred day moving average is $10.07.
Wall Street Analysts Forecast Growth
Separately, Raymond James initiated coverage on Freehold Royalties in a 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.
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