Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) announced a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Investors of record on Friday, January 31st will be given a dividend of 0.095 per share by the oil and gas company on Friday, February 14th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 10.95%. The ex-dividend date is Friday, January 31st.
Cross Timbers Royalty Trust has decreased its dividend payment by an average of 5.2% per year over the last three years.
Cross Timbers Royalty Trust Stock Down 0.1 %
NYSE:CRT opened at $10.42 on Thursday. The stock’s fifty day simple moving average is $10.16 and its 200-day simple moving average is $10.16. The firm has a market capitalization of $62.51 million, a P/E ratio of 9.30 and a beta of 0.56. Cross Timbers Royalty Trust has a 12-month low of $8.88 and a 12-month high of $18.49.
Cross Timbers Royalty Trust Company Profile
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma.
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