Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report) declared a dividend on Saturday, January 18th,investing.com reports. Stockholders of record on Monday, February 3rd will be paid a dividend of 0.0628 per share on Tuesday, February 18th. This represents a dividend yield of 8.38%. The ex-dividend date is Friday, January 31st.
Freehold Royalties Trading Down 0.7 %
Shares of OTCMKTS:FRHLF opened at $8.75 on Wednesday. The company has a 50-day simple moving average of $9.27 and a 200 day simple moving average of $9.80. Freehold Royalties has a 52-week low of $8.16 and a 52-week high of $11.00.
Wall Street Analyst Weigh In
Separately, Raymond James initiated coverage on shares of Freehold Royalties in a research report on Friday, October 18th. They set a “market perform” rating and a $16.00 price objective 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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