Freehold Royalties Ltd. (OTCMKTS:FRHLF – Get Free Report)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.12 and traded as low as $9.98. Freehold Royalties shares last traded at $10.13, with a volume of 63,554 shares changing hands.
Freehold Royalties Price Performance
The stock has a fifty day moving average price of $10.12 and a 200-day moving average price of $10.17.
Freehold Royalties Increases Dividend
The firm also recently announced a dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a dividend of $0.0662 per share. This represents a yield of 7.43%. This is an increase from Freehold Royalties’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, September 30th. Freehold Royalties’s payout ratio is 181.76%.
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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