Freehold Royalties Ltd T.FRU

Alternate Symbol(s): FRHLF

Freehold Royalties Ltd. is a Canada-based royalty company. The Company manages non-government portfolios of oil and natural gas royalties in Canada with an expanding land base in the United States. Its primary focus is to acquire and actively manage royalties, while providing a lower risk income vehicle for its shareholders. Its total land holdings encompass approximately 6.2 million gross acres in Canada. It has royalty interests in more than 19,000 producing wells and almost 400 units spanning five provinces and eight states and receives royalty income from over 360 industry operators throughout North America. It has two geographical segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada, and US includes petroleum and natural gas interests primarily held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins largely located in the states of Texas, Louisiana, and North Dakota.

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Freehold Royalties Ltd > Dividend Confirmed = NR :>)

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Comment by savyinvestor333on Mar 05, 2021 8:31am

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RE:RE:RE:RE:RE:Dividend Confirmed = NR :>)

I would rather they keep a sustainable dividend instead of having to cut the divident when the price of oil drops 10% and then the share price drops 40%

summitking wrote: Yes absolutely disappointed. My take is why have a self mandated payout ratio guidance if they don't follow it? 100% would have still been conservative from a payout ratio perspective. You are right, I was worried about rumours regarding this new President being too pedestrian and it seems they were right. I either see a decent acquisition coming and/or another penny hike in the next quarter. Will be rotating some of my position out into something like Topaz where they're a little more aggressive.

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