Freehold Royalties Ltd. (OTCMKTS:FRHLF) to Issue Dividend Increase – $0.06 Per Share

Freehold Royalties Ltd. (OTCMKTS:FRHLF) declared a dividend on Friday, February 21st, investing.com reports. Stockholders of record on Monday, March 3rd will be paid 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 a positive change from Freehold Royalties’s previous dividend of $0.06.

Freehold Royalties Price Performance

Freehold Royalties stock opened at $8.96 on Friday. The company’s 50 day simple moving average is $8.94 and its 200 day simple moving average is $9.65. Freehold Royalties has a fifty-two week low of $8.16 and a fifty-two week 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.