Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.19 and traded as high as $10.25. Cross Timbers Royalty Trust shares last traded at $10.17, with a volume of 38,251 shares traded.
Cross Timbers Royalty Trust Stock Down 2.0 %
The firm has a 50 day moving average price of $10.19 and a 200 day moving average price of $11.22. The stock has a market capitalization of $59.64 million, a PE ratio of 7.77 and a beta of 0.53.
Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) last announced its earnings results on Tuesday, August 13th. The oil and gas company reported $0.22 EPS for the quarter. Cross Timbers Royalty Trust had a net margin of 88.84% and a return on equity of 291.46%. The company had revenue of $1.58 million during the quarter.
Cross Timbers Royalty Trust Cuts Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.0646 per share. This represents a $0.78 annualized dividend and a dividend yield of 7.80%. The ex-dividend date of this dividend is Thursday, October 31st. Cross Timbers Royalty Trust's dividend payout ratio is presently 60.94%.
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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