Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) insider Lloyd Hyunsoo Hong sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of C$96.81, for a total value of C$387,240.00.
Franco-Nevada Co. (FNV) traded down C$0.97 on Wednesday, reaching C$97.18. The company had a trading volume of 767,920 shares, compared to its average volume of 469,875. Franco-Nevada Co. has a 12-month low of C$71.44 and a 12-month high of C$110.18.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be issued a $0.296 dividend. This is a positive change from Franco-Nevada’s previous quarterly dividend of $0.23. This represents a $1.18 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Wednesday, December 6th. Franco-Nevada’s payout ratio is 87.38%.
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Franco-Nevada Company Profile
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.
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