Freehold Royalties Ltd T.FRU

Dividend not raised yet

[malx1]

They are likely seeking some bottom in NG prices before committing to increased dividend to us greedy shareholders.  Hang in there.  Oil to outperform NG next 6 months, then NG panic pricing may start to kick in during the Fall-Winter.

Share price will bounce $14-18 range until commodity prices rally.

Nothing to be worried about.

[JayBanks]

Yea, I was one expecting it myself, especially when they talk about how they are at 51% and target 60ish% on forward looking expectations and they expect similar results going forward, also that they could maintain the dividend at a higher level if the market were to turn down. Using overly simplistic math, it seems they could have raised the penny and still been at about 56.7% payout ratio

[malx1]

They are coasting.    Probably eyeballing a few possible acquisitions.    If not, they will knock down the debt a little.