Declared Dividend • May 20
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 6.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (198% earnings payout ratio) nor is it covered by cash flows (105% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. The company's earnings per share (EPS) would need to grow by 120% to bring the payout ratio under control. EPS is expected to grow by 15% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Ankündigung • May 14
Freehold Royalties Ltd. Declares Dividend for May 2026, Payable on June 15, 2026 The board of directors of Freehold Royalties Ltd. has declared a monthly dividend of $0.09 per share for May 2026 to be paid on June 15, 2026, to shareholders of record on May 29, 2026. The dividend is designated as an eligible dividend for Canadian income tax purposes. Ankündigung • Apr 17
Freehold Royalties Declares Dividend for April 2026, Payable on May 15, 2026 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share for the April 2026 to be paid on May 15, 2026 to shareholders of record on April 30, 2026. Ankündigung • Apr 14
Freehold Royalties Announces Resignation of Shaina Morihira as Chief Financial Officer, Effective May 15, 2026 Freehold Royalties Ltd. announced that Shaina Morihira has submitted her resignation as Chief Financial Officer, effective May 15, 2026. Ms. Morihira will remain with the Company until May 15, 2026 to ensure a smooth transition of responsibilities, including the filing of the Company’s First Quarter 2026 financial results on May 12, 2026. In the meantime, the Company has initiated a formal search for Ms. Morihira’s successor through the assistance of an executive search firm. The Company has a strong accounting and financial reporting team in place to support the organization through this transition. Ankündigung • Mar 03
Freehold Royalties Ltd., Annual General Meeting, May 13, 2026 Freehold Royalties Ltd., Annual General Meeting, May 13, 2026. Location: alberta, calgary Canada Ankündigung • Feb 20
Freehold Royalties Ltd. to Report Q1, 2026 Results on May 13, 2026 Freehold Royalties Ltd. announced that they will report Q1, 2026 results on May 13, 2026 Ankündigung • Feb 13
Freehold Royalties Ltd. Declares Dividend for February 2026, Payable on March 16, 2026 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on March 16, 2026 to shareholders of record on February 27, 2026. Ankündigung • Jan 16
Freehold Royalties Ltd. Declares Dividend for January 2026, Payable on February 17, 2026 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share for January 2026 to be paid on February 17, 2026 to shareholders of record on January 30, 2026. Declared Dividend • Dec 30
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 7.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. However, EPS is expected to decline by 6.1% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Ankündigung • Dec 16
Freehold Royalties Ltd. Declares Dividend for December 2025, Payable on January 15, 2026 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on January 15, 2026 to shareholders of record on December 31, 2025. Ankündigung • Nov 28
Freehold Royalties Ltd. Announces Departure of Robert King, Chief Operating Officer Freehold Royalties Ltd. announced the departure of Robert King, Chief Operating Officer, from the Company. As a result of Mr. King's departure, and in connection with the previously announced termination of the management agreement between the Company and Rife Resources Ltd., Freehold has decided to eliminate the Chief Operating Officer role, redistributing responsibilities across the existing executive team to align with the new operating structure. Ankündigung • Oct 16
Freehold Royalties Declares Dividend for October 2025, Payable on November 17, 2025 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on November 17, 2025 to shareholders of record on October 31, 2025. Ankündigung • Oct 09
Freehold Royalties Ltd. to Report Q3, 2025 Results on Nov 13, 2025 Freehold Royalties Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025 Ankündigung • Sep 16
Freehold Royalties Ltd. Declares Dividend for September 2025, Payable on October 15, 2025 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on October 15, 2025 to shareholders of record on September 30, 2025. Ankündigung • Jul 31
Freehold Royalties Ltd. Declares Monthly Dividend, Payable on September 15, 2025 The board of directors of Freehold Royalties Ltd. has declared a monthly dividend of $0.09 per share to be paid on September 15, 2025, to shareholders of record on August 29, 2025. Ankündigung • Jul 24
Freehold Royalties Ltd. to Report Q2, 2025 Results on Jul 30, 2025 Freehold Royalties Ltd. announced that they will report Q2, 2025 results on Jul 30, 2025 Ankündigung • Jul 16
Freehold Royalties Ltd. Declares Dividend, Payable on August 15, 2025 Freehold Royalties Ltd. board declared a dividend of CAD 0.09 per common share to be paid on August 15, 2025 to shareholders of record on July 31, 2025. Ankündigung • Jun 18
Freehold Royalties Declares Dividend for June 2025, Payable on July 15, 2025 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on July 15, 2025 to shareholders of record on June 30, 2025. Ankündigung • Jun 03
Freehold Royalties Ltd. Appoints Shaina Morihira as Chief Financial Officer, Effective June 4, 2025 Freehold Royalties Ltd. announced the appointment of Shaina Morihira as its Chief Financial Officer, effective June 4, 2025. Ms. Morihira will succeed David Hendry who, as previously announced, is retiring. Shaina brings more than 20 years of experience in the energy industry, with the past nine years spent at Enerplus Corporation. In her most recent role as Vice President, Finance, she led the treasury, corporate reporting, tax and risk management functions and worked closely with the senior leadership team to support the company’s strategic objectives. She is a Chartered Accountant and holds a Masters of Professional Accounting from the University of Saskatchewan and a Bachelor of Commerce degree from the University of Calgary. Ankündigung • May 14
Freehold Royalties Ltd. Declares Dividend for May 2025, Payable on June 16, 2025 Freehold Royalties Ltd. announced that its board of directors has declared a monthly dividend of $0.09 per share to be paid on June 16, 2025, to shareholders of record on May 30, 2025. Ankündigung • Apr 16
Freehold Royalties Ltd. Declares Dividend for April 2025, Payable on May 15, 2025 Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on May 15, 2025 to shareholders of record on April 30, 2025. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Ankündigung • Apr 10
Freehold Royalties Ltd. to Report Q1, 2025 Results on May 13, 2025 Freehold Royalties Ltd. announced that they will report Q1, 2025 results on May 13, 2025 Ankündigung • Mar 04
Freehold Royalties Ltd., Annual General Meeting, May 14, 2025 Freehold Royalties Ltd., Annual General Meeting, May 14, 2025. Location: alberta, calgary Canada Ankündigung • Feb 14
Freehold Royalties Ltd. Declares Dividend for January 2025, Payable on March 17, 2025 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on March 17, 2025 to shareholders of record on February 28, 2025. Ankündigung • Feb 13
Freehold Royalties Ltd. to Report Q4, 2024 Results on Mar 12, 2025 Freehold Royalties Ltd. announced that they will report Q4, 2024 results on Mar 12, 2025 Ankündigung • Jan 16
Freehold Royalties Ltd. Declares Dividend for January 2025, Payable on February 18, 2025 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on February 18, 2025 to shareholders of record on January 31, 2025. Ankündigung • Dec 14
Freehold Royalties Ltd. Declares Monthly Dividend, Payable on January 15, 2025 The board of directors of Freehold Royalties Ltd. has declared a monthly dividend of $0.09 per share to be paid on January 15, 2025, to shareholders of record on December 31, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. Ankündigung • Dec 13
Freehold Royalties Ltd. has completed a Follow-on Equity Offering in the amount of CAD 150.02 million. Freehold Royalties Ltd. has completed a Follow-on Equity Offering in the amount of CAD 150.02 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 11,540,000
Price\Range: CAD 13
Discount Per Security: CAD 0.52 Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: CA$0.17 (vs CA$0.28 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.17 (down from CA$0.28 in 3Q 2023). Revenue: CA$73.9m (down 12% from 3Q 2023). Net income: CA$25.0m (down 41% from 3Q 2023). Profit margin: 34% (down from 50% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 08
Freehold Royalties Ltd. Declares Monthly Dividend, Payable on December 16, 2024 The board of directors of Freehold Royalties Ltd. has declared a monthly dividend of $0.09 per share to be paid on December 16, 2024, to shareholders of record on November 29, 2024. Declared Dividend • Oct 23
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 8.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio) nor is it covered by cash flows (184% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 35% over the next year, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Oct 18
Freehold Royalties Ltd. Declares Dividend, Payable on November 15, 2024 Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on November 15, 2024 to shareholders of record on October 31, 2024. Ankündigung • Oct 02
Freehold Royalties Ltd. to Report Q3, 2024 Results on Nov 07, 2024 Freehold Royalties Ltd. announced that they will report Q3, 2024 results on Nov 07, 2024 Declared Dividend • Sep 18
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 8.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio) nor is it covered by cash flows (184% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 30% over the next year, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Sep 13
Freehold Royalties Ltd. Declares Dividend for September 2024, Payable on October 15, 2024 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on October 15, 2024 to shareholders of record on September 30, 2024. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Upcoming Dividend • Aug 26
Upcoming dividend of CA$0.09 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 16 September 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.5%). Declared Dividend • Aug 12
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 8.6%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio) nor is it covered by cash flows (184% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 38% over the next year, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Aug 03
Freehold Royalties Ltd. Declares A Monthly Dividend, Payable on September 16, 2024 The board of directors of Freehold has declared a monthly dividend of $0.09 per share to be paid on September 16, 2024, to shareholders of record on August 30, 2024. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: CA$0.26 (vs CA$0.16 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.26 (up from CA$0.16 in 2Q 2023). Revenue: CA$84.5m (up 15% from 2Q 2023). Net income: CA$39.3m (up 62% from 2Q 2023). Profit margin: 47% (up from 33% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Declared Dividend • Jul 22
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 31st July 2024 Payment date: 15th August 2024 Dividend yield will be 8.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) nor is it covered by cash flows (164% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 36% over the next year, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Jul 12
Freehold Royalties Ltd. Declares Dividend for July 2024, Payable on August 15, 2024 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on August 15, 2024 to shareholders of record on July 31, 2024. Declared Dividend • Jun 24
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 8.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) nor is it covered by cash flows (164% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 37% over the next year, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Jun 15
Freehold Royalties Ltd. Declares Dividend for June 2024, Payable on July 15, 2024 Freehold Royalties Ltd. declared a dividend of CAD 0.09 per common share for June 2024, to be paid on July 15, 2024 to shareholders of record on June 28, 2024. Upcoming Dividend • May 27
Upcoming dividend of CA$0.09 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 17 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%). Recent Insider Transactions • May 24
President recently bought €186k worth of stock On the 16th of May, David Spyker bought around 20k shares on-market at roughly €9.32 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of €273k worth in shares. Recent Insider Transactions • May 15
Chief Operating Officer recently bought €135k worth of stock On the 8th of May, Robert King bought around 14k shares on-market at roughly €9.42 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Declared Dividend • May 13
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 31st May 2024 Payment date: 17th June 2024 Dividend yield will be 8.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) nor is it covered by cash flows (164% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 37% over the next year, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: CA$0.23 (vs CA$0.21 in 1Q 2023) First quarter 2024 results: EPS: CA$0.23 (up from CA$0.21 in 1Q 2023). Revenue: CA$74.3m (down 3.0% from 1Q 2023). Net income: CA$34.0m (up 9.6% from 1Q 2023). Profit margin: 46% (up from 41% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Ankündigung • May 05
Freehold Royalties Ltd. to Report Q1, 2024 Results on May 06, 2024 Freehold Royalties Ltd. announced that they will report Q1, 2024 results on May 06, 2024 Upcoming Dividend • Apr 25
Upcoming dividend of CA$0.09 per share Eligible shareholders must have bought the stock before 29 April 2024. Payment date: 15 May 2024. The company is paying out more than 100% of its profits and is paying out 79% of its cash flow. Trailing yield: 7.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.2%). Declared Dividend • Apr 23
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 29th April 2024 Payment date: 15th May 2024 Dividend yield will be 7.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 37% to bring the payout ratio under control. EPS is expected to grow by 84% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Apr 17
Freehold Royalties Ltd. Declares Dividend for April 2024, Payable on May 15, 2024 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on May 15, 2024 to shareholders of record on April 30, 2024. Upcoming Dividend • Mar 20
Upcoming dividend of CA$0.09 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. The company is paying out more than 100% of its profits and is paying out 79% of its cash flow. Trailing yield: 7.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.4%). Declared Dividend • Mar 06
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 8.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 37% to bring the payout ratio under control. EPS is expected to grow by 74% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: CA$0.88 (vs CA$1.39 in FY 2022) Full year 2023 results: EPS: CA$0.88 (down from CA$1.39 in FY 2022). Revenue: CA$314.6m (down 20% from FY 2022). Net income: CA$131.9m (down 37% from FY 2022). Profit margin: 42% (down from 53% in FY 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 26
Dividend of CA$0.09 announced Shareholders will receive a dividend of CA$0.09. Ex-date: 28th February 2024 Payment date: 15th March 2024 Dividend yield will be 7.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (118% earnings payout ratio). However, it is covered by cash flows (76% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 31% to bring the payout ratio under control. EPS is expected to grow by 37% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Ankündigung • Feb 24
Freehold Royalties Ltd., Annual General Meeting, May 07, 2024 Freehold Royalties Ltd., Annual General Meeting, May 07, 2024. Ankündigung • Feb 16
Freehold Royalties Ltd. Declares Dividend for February 2024, Payable on March 15, 2024 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on March 15, 2024 to shareholders of record on February 29, 2024. Ankündigung • Jan 17
Freehold Royalties Ltd. Declares Dividend for January 2024, Payable on February 15, 2024 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on February 15, 2024 to shareholders of record on January 31, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of CA$0.09 per share at 7.8% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 7.8%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.1%). Ankündigung • Dec 15
Freehold Royalties Ltd. Declares Dividend for December 2023, Payable on January 15, 2024 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on January 15, 2024 to shareholders of record on December 29, 2023. Ankündigung • Dec 12
Freehold Royalties Ltd. to Report Fiscal Year 2023 Results on Feb 28, 2024 Freehold Royalties Ltd. announced that they will report fiscal year 2023 results After-Market on Feb 28, 2024 Upcoming Dividend • Nov 24
Upcoming dividend of CA$0.09 per share at 7.5% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 7.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.8%). Ankündigung • Nov 11
Freehold Royalties Ltd. Declares Monthly Dividend, Payable on December 15, 2023 Freehold Royalties Ltd. its Board of Directors has declared a monthly dividend of CAD 0.09 per share to be paid on December 15, 2023, to shareholders of record on November 30, 2023. The dividend is designated as an eligible dividend for Canadian income tax purposes. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: CA$0.28 (vs CA$0.42 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.28 (down from CA$0.42 in 3Q 2022). Revenue: CA$84.2m (down 14% from 3Q 2022). Net income: CA$42.3m (down 33% from 3Q 2022). Profit margin: 50% (down from 64% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 09
Freehold Royalties Ltd. Provides Production Guidance for the Year 2023 Freehold Royalties Ltd. provided production guidance for the year 2023. For the year, the company expects production of 14,500 boe/d to 15,500 boe/d. Upcoming Dividend • Oct 23
Upcoming dividend of CA$0.09 per share at 7.4% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 15 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.6%). Ankündigung • Oct 13
Freehold Royalties Ltd. Declares Dividend for October 2023, Payable on November 15, 2023 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on November 15, 2023 to shareholders of record on October 31, 2023. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Ankündigung • Sep 16
Freehold Royalties Ltd. to Report Q3, 2023 Results on Nov 08, 2023 Freehold Royalties Ltd. announced that they will report Q3, 2023 results After-Market on Nov 08, 2023 Ankündigung • Sep 15
Freehold Royalties Ltd. Declares Dividend for September 2023, Payable on October 16, 2023 Freehold Royalties Ltd. Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on October 16, 2023 to shareholders of record on September 29, 2023. Upcoming Dividend • Aug 23
Upcoming dividend of CA$0.09 per share at 7.7% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%). New Risk • Aug 01
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 165% Dividend yield: 7.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 165% Earnings are forecast to decline by an average of 8.8% per year for the foreseeable future. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: CA$0.16 (vs CA$0.44 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.16 (down from CA$0.44 in 2Q 2022). Revenue: CA$73.7m (down 32% from 2Q 2022). Net income: CA$24.3m (down 64% from 2Q 2022). Profit margin: 33% (down from 62% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 2.8% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 21
Upcoming dividend of CA$0.09 per share at 7.6% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 15 August 2023. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 7.6%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%). New Risk • Jul 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 38% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 38% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (152% cash payout ratio). Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.09 per share at 8.1% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%). Ankündigung • Jun 15
Freehold Royalties Declares Monthly Dividend, Payable July 17, 2023 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of $0.09 per common share to be paid on July 17, 2023 to shareholders of record on June 30, 2023. Upcoming Dividend • May 23
Upcoming dividend of CA$0.09 per share at 7.4% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 15 June 2023. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 7.4%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%). Recent Insider Transactions • May 18
Chief Operating Officer recently bought €169k worth of stock On the 12th of May, Robert King bought around 18k shares on-market at roughly €9.67 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €189k. This was Robert's only on-market trade for the last 12 months. Reported Earnings • May 12
First quarter 2023 earnings released: EPS: CA$0.21 (vs CA$0.26 in 1Q 2022) First quarter 2023 results: EPS: CA$0.21 (down from CA$0.26 in 1Q 2022). Revenue: CA$76.6m (down 13% from 1Q 2022). Net income: CA$31.1m (down 19% from 1Q 2022). Profit margin: 41% (down from 44% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.5% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Ankündigung • May 12
Freehold Royalties Declares Monthly Dividend, Payable June 15, 2023 The Board of Directors of Freehold has declared a monthly dividend of $0.09 per share to be paid on June 15, 2023, to shareholders of record on May 31, 2023. The dividend is designated as an eligible dividend for Canadian income tax purposes. Ankündigung • May 11
Freehold Royalties Ltd. Provides Production Guidance for the Year 2023 Freehold Royalties Ltd. provided production guidance for the year 2023. For the period, the company expects Production of (boe/d) 14,500 - 15,500. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.09 per share at 7.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.4%). Recent Insider Transactions • Mar 20
President recently bought €189k worth of stock On the 17th of March, David Spyker bought around 20k shares on-market at roughly €9.43 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of €396k worth in shares. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: CA$1.39 (vs CA$0.53 in FY 2021) Full year 2022 results: EPS: CA$1.39 (up from CA$0.53 in FY 2021). Revenue: CA$393.0m (up 91% from FY 2021). Net income: CA$209.2m (up 190% from FY 2021). Profit margin: 53% (up from 35% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 7.8% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 15
Freehold Royalties Ltd. Declares Dividend for February 2023, Payable on March 15, 2023 Freehold Royalties Ltd. announced that its Board of Directors has declared a dividend of CAD 0.09 per common share to be paid on March 15, 2023 to shareholders of record on February 28, 2023.