Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report) announced a dividend on Tuesday, December 24th,investing.com reports. Investors of record on Wednesday, January 1st will be given 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 Price Performance
Shares of OTCMKTS:FRHLF opened at $8.80 on Tuesday. The business has a 50-day simple moving average of $9.76 and a two-hundred day simple moving average of $9.98. Freehold Royalties has a fifty-two week low of $8.16 and a fifty-two week high of $11.00.
Wall Street Analyst Weigh In
Separately, Raymond James began coverage on shares of 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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