Freehold Royalties (OTCMKTS:FRHLF) Shares Pass Below Fifty Day Moving Average of $10.50

Freehold Royalties Ltd. (OTCMKTS:FRHLFGet Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.50 and traded as low as $9.96. Freehold Royalties shares last traded at $10.00, with a volume of 37,105 shares.

Freehold Royalties Stock Down 0.7 %

The stock’s fifty day simple moving average is $10.50 and its 200 day simple moving average is $10.39.

Freehold Royalties Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were issued a $0.0651 dividend. The ex-dividend date of this dividend was Monday, April 29th. This represents a yield of 7.58%. Freehold Royalties’s dividend payout ratio is presently 181.76%.

About Freehold Royalties

(Get Free Report)

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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