• Sign up for the Daily Digest E-mail

BOE Report

  • Home
  • Headlines
    • Canada
    • USA
    • Columns
    • Discussions
  • Plays
    • Cardium Sandstone
    • Duvernay Shale
    • Montney Shale
    • Shaunavon
    • Viking Sandstone
    • Williston Basin
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Database
  • Markets
    • Canada Market Quotes
    • USA Market Quotes
    • Canada Well Licences
    • Canada Rig Count
    • USA Rig Count
    • USA Market Data
  • Advocacy
  • Data
  • Jobs

Freehold Royalties Ltd. Declares Dividend for October 15, 2015

September 15, 20155:30 PM Marketwired

CALGARY, ALBERTA–(Marketwired – Sept. 15, 2015) – Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has approved an adjustment to its monthly dividend to $0.07 per share from $0.09 per share. The Board of Directors has declared a dividend of Cdn. $0.07 per common share to be paid on October 15, 2015, to shareholders of record on September 30, 2015. Including the October 15, 2015 payment, the twelve-month trailing cash dividends total $1.21 per common share.

As part of Freehold’s fall strategy session, the Board of Directors reviewed the current commodity price environment. Reflecting an expectation that oil prices will remain depressed longer than initially forecast the Board believes the revision to the dividend is prudent in maintaining the strength of Freehold’s balance sheet.

Management and the Board will monitor the ongoing commodity price environment with the next update expected when we release our third quarter results on November 12, 2015.

Freehold Royalties Ltd.
Matt Donohue
Manager, Investor Relations
403.221.0833 or tf. 1.888.257.1873
403.221.0888 (FAX)
mdonohue@rife.com
www.freeholdroyalties.com

Freehold Royalties

Follow the BOE Report
  • linkedin
  • facebook
  • twitter
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • Mexican president announces bailout for cash-strapped Pemex
  • Canada Weekly Rig Count Down 16 to 224
  • U.S. drillers add oil rigs for second week in a row
  • Natural gas liquids processing gains drive profit increase at Inter Pipeline
  • Full pipelines, new services propel Enbridge to street-beating $1.17B income

Return to home page
OSY Rentals

About
  • About BOEReport.com
  • In the News
  • Terms of Use
  • Privacy Policy
Resources
  • App
  • Widgets
  • Desktop
  • Daily Digest E-mail
Get In Touch
  • Advertise
  • Post an Announcement
  • Post a Job
  • Contribute
  • Contact
Featured In
  • CamTrader
  • Rigger Talk
BOE Network
Copyright © 2019 Grobes Media Inc.