The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Freehold Royalties Ltd. Declares Dividend for November 15, 2011

Tuesday, October 18, 2011

Freehold Royalties Ltd. Declares Dividend for November 15, 201112:22 EDT Tuesday, October 18, 2011CALGARY, ALBERTA--(Marketwire - Oct. 18, 2011) - Freehold Royalties Ltd. (TSX:FRU) (Freehold) announces that its Board of Directors has declared a dividend of Cdn. $0.14 per common share to be paid on November 15, 2011 to shareholders of record on October 31, 2011 (ex-dividend date October 26, 2011). Including the November 15, 2011 payment, the twelve-month trailing cash dividends total Cdn. $1.68 per common share (including distributions paid on trust units of Freehold Royalty Trust prior to its conversion).These dividends are designated as "eligible dividends" for Canadian income tax purposes.Freehold's primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty assets (mineral title and gross overriding royalties). Freehold's common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.FOR FURTHER INFORMATION PLEASE CONTACT: Karen TaylorFreehold Royalties Ltd.Manager, Investor Relations and Corporate Secretary403.221.0891 or Toll Free: 1.888.257.1873403.221.0888 (FAX)ktaylor@rife.comwww.freeholdroyalties.com