Calgary-based Freehold is a dividend-paying oil-and-gas royalty company with assets predominately in western Canada, although it is expanding in the US. Its primary focus is to acquire and actively manage royalties, while providing a lower-risk income vehicle for shareholders. Freehold has one of the largest independently owned portfolios of royalty lands in Canada, with land holdings totalling more than 6.7 million gross acres.
Income Investor
Buy for yield but remember, this is an aggressive stock, and the dividend is not secure. The share price and the dividend will be decided by movements in oil and gas prices. - Gordon Pape
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FRU was first recommended here on February 22, 2012