Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.53 and traded as low as $10.89. Cross Timbers Royalty Trust shares last traded at $10.89, with a volume of 28,303 shares.
Cross Timbers Royalty Trust Trading Up 1.1 %
The stock has a fifty day simple moving average of $10.06 and a two-hundred day simple moving average of $11.51. The firm has a market cap of $66.06 million, a PE ratio of 6.94 and a beta of 0.52.
Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $1.58 million during the quarter. Cross Timbers Royalty Trust had a return on equity of 291.46% and a net margin of 88.84%.
Cross Timbers Royalty Trust Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.1022 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 11.14%. This is a boost from Cross Timbers Royalty Trust's previous monthly dividend of $0.10. The ex-dividend date was Monday, September 30th. Cross Timbers Royalty Trust's dividend payout ratio (DPR) is currently 77.71%.
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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