Freehold Royalties Ltd (FRU) Declares Dividend of C$0.13
Freehold Royalties (TSE:FRU) declared a dividend on Wednesday, May 14th, American Banking and Market News reports. Shareholders of record on Saturday, May 31st will be given a dividend of 0.1287 per share on Monday, June 16th. The ex-dividend date of this dividend is Wednesday, May 28th.
A number of research firms have recently commented on FRU. Analysts at BMO Capital Markets raised their price target on shares of Freehold Royalties from C$25.00 to C$26.00 in a research note on Thursday, May 15th. They now have a “market perform” rating on the stock. On the ratings front, analysts at TD Securities raised their price target on shares of Freehold Royalties from C$24.00 to C$25.00 in a research note on Thursday, May 15th. They now have a “hold” rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Freehold Royalties from C$23.00 to C$24.00 in a research note on Tuesday, April 15th. They now have a “sector perform” rating on the stock. Five research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average price target of C$24.93.
Freehold Royalties (TSE:FRU) opened at 24.69 on Thursday. Freehold Royalties has a 52 week low of $21.41 and a 52 week high of $25.51. The stock has a 50-day moving average of $24.39 and a 200-day moving average of $22.9. The company has a price-to-earnings ratio of 28.23.
Freehold Royalties Limited (TSE:FRU) is a Canada-based oil and gas company.
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