Freehold Royalties – Possible Dividend Increase

Freehold is in a very enviable position relative to many of its peers.

  • Its net debt to cash flow is 0.8 times, very low
  • It operates principally as a royalty play and thus has virtually no operating costs
  • Its stated cash dividend payout is 60-80% of cash flow
  • At current prices, its payout is just over 50%
  • At $60 WTI its payout would be just over 40%
  • The company has the flexibility to increase dividends and / or acquire more royalty properties
Posted in Blog Post.

Leave a Reply