May 11 (Reuters) - Freehold Royalties Ltd FRU.TO :
* ANNOUNCES FIRST QUARTER 2021 RESULTS AND INCREASES DIVIDEND BY 33%
* Q1 FFO PER SHARE C$0.25
* FREEHOLD'S PRODUCTION AVERAGED 10,944 BOE/D DURING Q1-2021
* FREEHOLD ROYALTIES - MAINTAINING 2021 AVERAGE PRODUCTION RANGE OF 10,500 BOE/D TO 11,000 BOE/D