Freehold Royalties Dividend
Dividend criteria checks 3/6
Freehold Royalties is a dividend paying company with a current yield of 7.46%. Next payment date is on 15th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
7.5%
Dividend yield
123%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | CA$0.88 |
| Dividend yield forecast in 3Y | 7.5% |
Recent dividend updates
Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Apr 20
Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Mar 06Recent updates
Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Apr 20Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Mar 06Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Feb 19Freehold Royalties (TSE:FRU) Has Affirmed Its Dividend Of CA$0.09
Jan 20We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Dec 21A Look At The Intrinsic Value Of Freehold Royalties Ltd. (TSE:FRU)
Oct 17Freehold Royalties (TSE:FRU) Has Affirmed Its Dividend Of CA$0.09
Oct 17Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Aug 28Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Jul 16An Intrinsic Calculation For Freehold Royalties Ltd. (TSE:FRU) Suggests It's 35% Undervalued
Jun 02Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
May 15Is Freehold Royalties (TSE:FRU) A Risky Investment?
May 06Freehold Royalties' (TSE:FRU) Dividend Will Be CA$0.09
Apr 18If EPS Growth Is Important To You, Freehold Royalties (TSE:FRU) Presents An Opportunity
Mar 25Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Mar 05We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Feb 02Here's Why We Think Freehold Royalties (TSE:FRU) Is Well Worth Watching
Nov 08Freehold Royalties' (TSE:FRU) Dividend Will Be Increased To CA$0.09
Aug 14Freehold Royalties (TSE:FRU) Has A Pretty Healthy Balance Sheet
Aug 05Industry Analysts Just Made A Meaningful Upgrade To Their Freehold Royalties Ltd. (TSE:FRU) Revenue Forecasts
Jul 10Freehold Royalties Ltd. (TSE:FRU) Shares Could Be 44% Below Their Intrinsic Value Estimate
Jul 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FRU's dividend payments have been volatile in the past 10 years.
Growing Dividend: FRU's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Freehold Royalties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FRU) | 7.5% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.7% |
| Analyst forecast in 3 Years (FRU) | 7.5% |
Notable Dividend: FRU's dividend (7.46%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: FRU's dividend (7.46%) is in the top 25% of dividend payers in the Canadian market (6.5%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123.4%), FRU's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.9%), FRU's dividend payments are covered by cash flows.