Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report) declared a dividend on Tuesday, December 24th,investing.com reports. Shareholders of record on Wednesday, January 1st will be paid a dividend of 0.0632 per share on Wednesday, January 15th. This represents a yield of 8.62%. The ex-dividend date is Tuesday, December 31st.
Freehold Royalties Trading Up 0.3 %
Shares of Freehold Royalties stock opened at $8.78 on Friday. The company has a 50-day moving average of $9.66 and a 200 day moving average of $9.94. Freehold Royalties has a 1 year low of $8.16 and a 1 year high of $11.00.
Analyst Upgrades and Downgrades
Separately, Raymond James initiated coverage on shares of Freehold Royalties in a research note on Friday, October 18th. They issued a “market perform” rating and a $16.00 price target for the company.
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.
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