Freehold Royalties Ltd. (OTCMKTS:FRHLF) to Issue $0.06 Dividend

Freehold Royalties Ltd. (OTCMKTS:FRHLF) announced a dividend on Saturday, January 18th,investing.com reports. Investors 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 of this dividend is Friday, January 31st.

Freehold Royalties Trading Down 1.0 %

FRHLF opened at $8.99 on Friday. The business’s 50-day moving average is $9.40 and its two-hundred day moving average is $9.86. Freehold Royalties has a 1 year low of $8.16 and a 1 year high of $11.00.

Analysts Set New Price Targets

Separately, Raymond James began coverage on Freehold Royalties in a 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.