As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index and S&P/TSX 60 Index prior to the open of trading on Monday, June 22, 2020: S&P/TSX 60 INDEX – June 22, 2020 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Algonquin Power & Utilities Corp. Utilities Multi-Utilities ADDED Canadian Apartment Properties REIT Real Estate Residential REITs DELETED BlackBerry [...]
Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.015 per common share to be paid on July 15, 2020 to shareholders of record on June 30, 2020. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under [...]
Freehold Royalties Ltd. previously announced that in 2019 it received a proposal letter from Canada Revenue Agency wherein CRA stated that it intended to re-assess and deny Freehold’s deduction of certain non-capital losses claimed and carried forward in the tax returns filed for the years 2015 through 2018. Freehold has now received notices of reassessment from the CRA in which the CRA has denied the deduction of certain [...]
Freehold Royalties Ltd. announced today that all nominees listed in its notice of meeting and information circular dated March 16, 2020, were elected as directors of Freehold at its Annual and Special Meeting of Shareholders held on May 5, 2020. In addition, all other matters considered at the Meeting were approved by Freehold's shareholders. The results of the votes on the director nominees are as follows: Nominee Votes [...]
Freehold Royalties Ltd. announces first quarter results for the period ended March 31, 2020. Results at a Glance Three Months Ended March 31 FINANCIAL 2020 2019 Change Royalty and other revenue 26,284 35,609 -26 % Net income -27 % Per share, basic and diluted -33 % Funds from operations 20,248 29,348 -31 % Per share, basic 0.17 0.25 -32 % Acquisitions and related expenditures 5,370 929 478 % Dividends declared 18,685 [...]
Freehold Royalties Ltd. announces that the Annual and Special Meeting of the holders of common shares of Freehold , scheduled for Tuesday, May 5, 2020 at 3:30 p.m. , has been changed from an in-person meeting to a virtual-only meeting to be held electronically at the same time and on the same date. We have been actively monitoring developments relating to the novel coronavirus, COVID-19, and the directives of public [...]
Reflecting sustained weakness in crude oil prices, Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.015 per common share to be paid on May 15, 2020 to shareholders of record on April 30, 2020, which is reduced from the previous monthly dividend level of Cdn.$0.0525. At the revised dividend level, Freehold’s funds from operations are forecast to exceed dividend outflows for [...]
Freehold Royalties Ltd. announces fourth quarter and year-end results for the period ended December 31, 2019 and provides 2020 guidance. Results at a Glance Three Months Ended December 31 Twelve Months Ended December 31 FINANCIAL 2019 2018 Change 2019 2018 Change Royalty and other revenue 36,827 24,837 48 % 140,837 144,542 -3 % Net income 6,113 247 % 5,193 14,032 -63 % Per share, basic and diluted 0.05 225 % 0.04 0.12 -67 [...]
Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on March 16, 2020 to shareholders of record on February 29, 2020. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto [...]
Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on February 18, 2020 to shareholders of record on January 31, 2020. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto [...]
QUARTERLY S&P/TSX COMPOSITE INDEX REVIEW – DECEMBER 2019 ADDITIONS Issue Name Symbol GICS Classification 60/Completion Capped Sector Indices Corus Entertainment Inc B Nvtg CJR.B 50201020 Completion Communication Services CT REIT CRT.UN 60101070 Completion Real Estate, REIT Jamieson Wellness Inc. JWEL 30302010 Completion Consumer Staples Lightspeed POS Inc. SV LSPD 45103010 Completion Information Technology Real Matters [...]
Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on January 15, 2020 to shareholders of record on December 31, 2019. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto [...]