Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) announced a monthly dividend on Monday, October 21st, Wall Street Journal reports. Shareholders of record on Thursday, October 31st will be paid a dividend of 0.0646 per share by the oil and gas company on Friday, November 15th. This represents a $0.78 dividend on an annualized basis and a yield of 6.93%. The ex-dividend date of this dividend is Thursday, October 31st.
Cross Timbers Royalty Trust has increased its dividend by an average of 35.2% annually over the last three years.
Cross Timbers Royalty Trust Trading Down 0.7 %
Shares of NYSE CRT traded down $0.08 on Tuesday, reaching $11.19. 46,391 shares of the company traded hands, compared to its average volume of 34,998. The company has a 50 day moving average of $10.17 and a 200 day moving average of $11.43. Cross Timbers Royalty Trust has a fifty-two week low of $8.88 and a fifty-two week high of $20.50. The stock has a market capitalization of $67.14 million, a PE ratio of 7.13 and a beta of 0.52.
Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The oil and gas company reported $0.22 earnings per share for the quarter. The company had revenue of $1.58 million for the quarter. Cross Timbers Royalty Trust had a net margin of 88.84% and a return on equity of 291.46%.
Cross Timbers Royalty Trust Company Profile
(
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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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