Market dataIncome framework read
Dividend CompanyTSXCanada

FRU.TO

Freehold Royalties

EnergyPlain dividendMonthly

Market Snapshot

$16.45

-$0.06 (-36.34%)

Toronto

Yield

6.57%

Rate $1.08

Next Payment

Next pay in 22 days

Ex-date 2026-06-30

52wk Position

68.39%

-9.71% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Monthly income profile is visible

FRU.TO has an income profile aligned with its dividend company role. Provider data shows 12 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

FRU.TO does not cover one full share per payment at the default 100-share test. Coverage is 0.55.

3

Main watch item

Editorial framework

DRIP coverage is the weak point

FRU.TO is below the defended default DRIP zone. The practical watch item is share count versus current price, not just stated yield.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Failed
Cash
$9.00
APR
0.547
Coverage
0.547

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
$9.00
Cushion
-$7.45
Cushion %
-45.29%
Current $16.45Break $9.00

Smart Recommendation

FRU.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Payout sustainability

Moderate

1mo ago

DRIP availability

Available

1mo ago

Tax character

Mixed

1mo ago

Distribution history

Multi-decade

1mo ago

Structure complexity

Moderate

1mo ago

Income trend

Variable

1mo ago

Account suitability

Non-reg: eligible div

1mo ago

Structure Overview

Freehold Royalties (FRU) collects oil and gas royalties from third-party operators on a diversified Canadian and U.S. royalty land base, without operating production itself. The royalty model provides natural production diversification with lower capital intensity; distributions reflect royalty income and may include a mix of eligible dividends and other components depending on the payment source.

Canadian Planning Notes

  • 1FRU's royalty model means distributions reflect realized commodity prices with a time lag; plan income ranges rather than fixed amounts at different oil price scenarios.
  • 2Distribution tax character may vary; verify the annual T5 or T3 for the eligible-dividend versus other-income split.
  • 3DRIP is available; the royalty structure insulates FRU from operator capital costs but not from production decline or commodity price risk.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$16.45

Previous close

$16.51

Day range

$16.33 - $16.60

52wk range

$12.62 - $18.22

Market cap

2.7B

Volume

462.4K

Avg volume

666.7K

Exchange

Toronto

Dividend and distribution

Forward rate

$1.08

Trailing rate

$1.08

Forward yield

6.57%

Trailing yield

6.54%

Per payment

$0.09

Cadence

Monthly

Next ex-date

Jun 30, 2026

Next pay

Jul 15, 2026

Last dividend

$0.09

Last dividend date

May 29, 2026

Performance

Daily change

-$0.06

Daily change %

-36.34%

52wk position

68.39%

Below 52wk high

-9.71%

Above 52wk low

30.35%

Open

$16.40

Earnings and financials

Trailing EPS

0.54

Forward EPS

0.79

Revenue

300.2M

Revenue growth

-14.50%

Profit margin

29.84%

Operating margin

51.51%

Payout ratio

N/A

Free cash flow

147.3M

Total cash

N/A

ROE

8.58%

ROA

6.63%

Debt/equity

30.45

Beta

0.8

Valuation

Trailing P/E

30.46

Forward P/E

20.96

Price/sales

8.98

Price/book

2.71

Enterprise value

N/A

EV/EBITDA

N/A

Analyst facts

Target mean

$19.00

Target high

$22.00

Target low

$18.00

Recommendation mean

2.5

Recommendation key

buy

Analysts

10

Canadian Context

Account placement

Non-registered

Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.

TFSA: Tax-free growth and withdrawals.

RRSP: Tax-deferred growth, with withdrawals taxed as regular income.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.