Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) declared a monthly dividend on Tuesday, February 18th, Wall Street Journal reports. Shareholders 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 yield of 5.13%. The ex-dividend date is Friday, February 28th.
Cross Timbers Royalty Trust has decreased its dividend payment by an average of 8.0% annually over the last three years.
Cross Timbers Royalty Trust Price Performance
NYSE:CRT traded down $0.33 during trading hours on Friday, reaching $10.66. 16,779 shares of the stock were exchanged, compared to its average volume of 28,979. Cross Timbers Royalty Trust has a twelve month low of $8.88 and a twelve month high of $17.72. The firm has a 50 day moving average of $10.32 and a 200 day moving average of $10.26. The stock has a market cap of $63.96 million, a PE ratio of 9.52 and a beta of 0.56.
About Cross Timbers Royalty Trust
(
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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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