{"id":400525,"date":"2020-12-15T17:45:15","date_gmt":"2020-12-15T22:45:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400525"},"modified":"2020-12-15T17:45:15","modified_gmt":"2020-12-15T22:45:15","slug":"freehold-royalties-ltd-declares-dividend-for-december-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/freehold-royalties-ltd-declares-dividend-for-december-2020\/","title":{"rendered":"Freehold Royalties Ltd. Declares Dividend for December 2020"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">CALGARY, Alberta, Dec.  15, 2020  (GLOBE NEWSWIRE) &#8212; Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.02 per common share to be paid on January 15, 2021 to shareholders of record on December 31, 2020. These dividends are designated as \u201celigible dividends\u201d for Canadian income tax purposes.<\/p>\n<p align=\"justify\">In addition to paying the dividend to holders of Freehold common shares, Freehold will also pay a dividend equivalent payment to holders of its recently issued subscription receipts. The dividend equivalent payment of $0.02 per subscription receipt will be paid on January 15, 2021 to holders of subscription receipts of record on December 31, 2020. The dividend equivalent payment will not be a dividend, and will not be designated as an &#8220;eligible dividend&#8221; for Canadian income tax purposes. Holders of subscription receipts should refer to Freehold&#8217;s prospectus dated December 4, 2020 for a description of the tax treatment of the dividend equivalent payment.<\/p>\n<p align=\"justify\">Freehold\u2019s focus is on acquiring and managing oil and gas royalties.<\/p>\n<p align=\"justify\">Freehold\u2019s common shares and subscription receipts trade on the Toronto Stock Exchange in Canada under the symbols FRU and FRU.R, respectively.\u00a0<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n            <strong>For further information, contact:<\/strong><br \/>\n            <br \/>Freehold Royalties Ltd.<br \/>Matt Donohue<br \/>Manager, Investor Relations &amp; Capital Markets<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:2%;width:2%;min-width:2%;text-align: left;vertical-align: middle;vertical-align: bottom\">t.<br \/>f.<br \/>tf.<br \/>e.<br \/>w.<\/td>\n<td style=\"max-width:98%;width:98%;min-width:98%;text-align: left;vertical-align: middle;vertical-align: bottom\">403.221.0833<br \/>403.221.0888<br \/>1.888.257.1873<br \/><a href=\"mailto:mdonohue@rife.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>mdonohue@rife.com<\/u><\/a><br \/><a href=\"http:\/\/www.freeholdroyalties.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.freeholdroyalties.com<\/a><\/td>\n<\/tr>\n<\/table>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMjkwMSMzODgzMzgzIzIwODQwNDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4ac8f0e5-8e50-4a56-a593-60c61d4e7f22\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.02 per common share to be paid on January 15, 2021 to shareholders of record on December 31, 2020. These dividends are designated as \u201celigible dividends\u201d for Canadian income tax purposes. In addition to paying the dividend to holders of Freehold common shares, Freehold will also pay a dividend equivalent payment to holders of its recently issued subscription receipts. The dividend equivalent payment of $0.02 per subscription receipt will be paid on January 15, 2021 to holders of subscription receipts of record on December 31, 2020. The dividend equivalent payment will not be a dividend, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/freehold-royalties-ltd-declares-dividend-for-december-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Freehold Royalties Ltd. Declares Dividend for December 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400525","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Freehold Royalties Ltd. Declares Dividend for December 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/freehold-royalties-ltd-declares-dividend-for-december-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Freehold Royalties Ltd. Declares Dividend for December 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.02 per common share to be paid on January 15, 2021 to shareholders of record on December 31, 2020. These dividends are designated as \u201celigible dividends\u201d for Canadian income tax purposes. In addition to paying the dividend to holders of Freehold common shares, Freehold will also pay a dividend equivalent payment to holders of its recently issued subscription receipts. The dividend equivalent payment of $0.02 per subscription receipt will be paid on January 15, 2021 to holders of subscription receipts of record on December 31, 2020. The dividend equivalent payment will not be a dividend, &hellip; Continue reading &quot;Freehold Royalties Ltd. 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