Cash Dividend On The Way From Freehold Royalties (FRU)

On 8/27/14, Freehold Royalties Ltd (TSX: FRU.TO) will trade ex-dividend, for its monthly dividend of $0.14, payable on 9/15/14. As a percentage of FRU's recent stock price of $25.85, this dividend works out to approximately 0.54%, so look for shares of Freehold Royalties Ltd to trade 0.54% lower — all else being equal — when FRU shares open for trading on 8/27/14.

Below is a dividend history chart for FRU, showing historical dividends prior to the most recent $0.14 declared by Freehold Royalties Ltd:

FRU+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRU is likely to continue, and whether the current estimated yield of 6.50% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FRU shares, versus its 200 day moving average:

Freehold Royalties Ltd 200 Day Moving Average Chart

Looking at the chart above, FRU's low point in its 52 week range is $21.41 per share, with $28.15 as the 52 week high point — that compares with a last trade of $25.82.

According to the ETF Finder at ETF Channel, FRU makes up 1.17% of the SuperDividend ETF ( SDIV) which is trading higher by about 0.2% on the day Monday.

In Monday trading, Freehold Royalties Ltd shares are currently up about 0.5% on the day.

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