Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) announced a monthly dividend on Tuesday, February 18th, Wall Street Journal reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.0456 per share by the oil and gas company on Friday, March 14th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date is Friday, February 28th.
Cross Timbers Royalty Trust has decreased its dividend by an average of 8.0% annually over the last three years.
Cross Timbers Royalty Trust Trading Up 1.4 %
CRT stock opened at $10.79 on Wednesday. The company has a market capitalization of $64.73 million, a price-to-earnings ratio of 9.63 and a beta of 0.56. Cross Timbers Royalty Trust has a 52 week low of $8.88 and a 52 week high of $17.72. The firm’s 50-day moving average is $10.35 and its two-hundred day moving average is $10.28.
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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