Freehold Royalties (TSE:FRU) is set to announce its earnings results on Wednesday, November 13th. Analysts expect the company to announce earnings of C$0.03 per share for the quarter.
FRU stock remained flat at $C$6.70 during midday trading on Tuesday. The company’s stock had a trading volume of 20,429 shares, compared to its average volume of 314,409. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 15.10. Freehold Royalties has a 52 week low of C$6.34 and a 52 week high of C$9.88. The business has a 50-day moving average of C$6.99 and a 200 day moving average of C$7.86. The firm has a market capitalization of $794.04 million and a PE ratio of 1,339.00.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.0525 per share. The ex-dividend date is Wednesday, October 30th. This represents a $0.63 annualized dividend and a yield of 9.40%. Freehold Royalties’s dividend payout ratio is presently 12,600.00%.
Freehold Royalties Company Profile
Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, and potash properties in Western Canada. It holds approximately 6.2 million gross acres of land from northeastern British Columbia to southern Ontario. It has interests in approximately 43,000 wells and receives royalty from 300 industry operators.
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