Freehold Royalties Announces Upcoming Dividend Plans
Freehold Royalties Announces Upcoming Dividend
Freehold Royalties Ltd. has recently declared a quarterly dividend of Cdn. $0.09 per common share. This announcement comes from a meeting held by the company’s Board of Directors, expressing their commitment to rewarding shareholders. The dividend is set to be paid on July 15 to all shareholders recorded by June 30.
Significance of Eligible Dividends
These dividends carry the designation of “eligible dividends” under Canadian tax law. This classification is significant for shareholders as it can lead to tax advantages when they file their tax returns, making the dividend more appealing to current and prospective investors.
About Freehold Royalties Ltd.
Freehold Royalties Ltd. is recognized as a leading player in the North American energy sector, particularly in the realm of energy royalties. The company boasts an impressive portfolio, managing approximately 6.1 million gross acres of land in Canada and about 1.2 million gross drilling acres across the United States. Such extensive holdings position Freehold as a formidable entity in energy resource management.
Trading Information
Investors can find Freehold’s common shares listed on the Toronto Stock Exchange under the ticker symbol FRU. The company's strategic asset base and operational efficiency contribute significantly to its stock performance, making it a potential investment opportunity for those interested in the energy sector.
Commitment to Shareholders
Freehold Royalties demonstrates its strong commitment to its shareholders through regular dividend declarations and a clear communication strategy regarding its financial health and market strategies. This dedication fosters a solid relationship between the company and its investors, ensuring transparency and trust.
Investor Relations Contact
For those seeking further information about Freehold Royalties or the recent dividend announcement, the company maintains active communication channels. Todd McBride, a CPA and CMA, heads the investor relations team, reachable at 403.221.0833 or via email at tmcbride@freeholdroyalties.com. Nick Thomson, a CFA, is also part of the investor relations team, available at 403.221.0874 or at nthomson@freeholdroyalties.com. For detailed information, including company updates and financial reports, visit their official website at www.freeholdroyalties.com.
Frequently Asked Questions
What is the recent dividend declared by Freehold Royalties?
Freehold Royalties declared a dividend of Cdn. $0.09 per common share to be paid on July 15.
When is the record date for the announced dividend?
The record date for the dividend is June 30.
What makes Freehold’s dividends appealing for shareholders?
Freehold’s dividends are classified as “eligible dividends,” which can provide tax advantages for Canadian shareholders.
Where does Freehold Royalties operate?
Freehold Royalties manages approximately 6.1 million acres in Canada and 1.2 million acres in the United States.
How can investors contact Freehold Royalties for more information?
Investors can reach out to Todd McBride at 403.221.0833 or Nick Thomson at 403.221.0874 for inquiries regarding investor relations.
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