Please see Freehold Royalty Trust Archives for historical distributions and tax information.
The Board reviews and determines the dividend rate quarterly after considering expected commodity prices, foreign exchange rates, economic conditions, production volumes, DRIP participation levels, tax payable, and our capacity to finance operating and investing obligations. The dividend rate is established with the intent of absorbing short-term market volatility over several months. It also recognizes our intention to fund capital expenditures primarily through funds generated from operations and to maintain a strong balance sheet to take advantage of acquisition opportunities and withstand potential commodity price declines.
Record dates for regular monthly dividends are the end of each month, and payment dates are approximately the 15th day of the following month.
The regular monthly dividend is currently fixed at $0.04 per share.
2017 Dividend Calendar
|Record Date||Payment Date||Dividend Amount
(Cdn$ per common share)
|Jan 31, 2017||Feb 15, 2017||$0.04|
Dividend Reinvestment Plan (DRIP)
As announced on August 4, 2016, Freehold has suspended its Dividend Reinvestment Plan (DRIP). For more information please review our news release.
A Direct Deposit option is in place to provide shareholders who have Canadian bank accounts with a method of receiving cash dividends as a direct deposit into their bank account.
U.S. Currency Payment Plan
Shareholders may elect to receive their dividend payments in U.S. funds.
Transfer Agent Information
For information about dividend cheques, share certificates, stock transfers, duplicate mailings and address changes, please contact our Transfer Agent:
Computershare Trust Company of Canada