Freehold Royalties Sets $0.09 Dividend for August Payment

Freehold Royalties Ltd. declared a dividend of Cdn. $0.09 per common share, the company said Wednesday. The payment goes to shareholders of record on July 31 and will be distributed August 17.

The Calgary-based oil and gas royalty company has paid a monthly dividend since 2020. The current payout matches the prior month's rate.

Freehold holds mineral rights across Western Canada and the U.S. Permian Basin. Its portfolio spans roughly 6.3 million gross acres, with production weighted toward crude oil and natural gas liquids.

The August dividend is the 73rd consecutive monthly payment since the company shifted to a monthly schedule.