Freehold Royalties Ltd.
TSX : FRU

Freehold Royalties Ltd.

June 14, 2016 16:30 ET

Freehold Royalties Ltd. Declares Dividend for July 2016

CALGARY, ALBERTA--(Marketwired - June 14, 2016) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on July 15, 2016 to shareholders of record on June 30, 2016. Including the June 15, 2016 payment, the twelve-month trailing cash dividends total Cdn. $0.76 per common share.

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 interests (mineral title and gross overriding royalties). Freehold's common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.

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