Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) declared a monthly dividend on Friday, September 20th, NASDAQ reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.1022 per share by the oil and gas company on Tuesday, October 15th. This represents a $1.23 annualized dividend and a dividend yield of 11.92%. The ex-dividend date is Monday, September 30th. This is a positive change from Cross Timbers Royalty Trust’s previous monthly dividend of $0.10.
Cross Timbers Royalty Trust has increased its dividend payment by an average of 35.2% per year over the last three years.
Cross Timbers Royalty Trust Price Performance
NYSE:CRT opened at $10.29 on Friday. The firm has a market cap of $61.74 million, a price-to-earnings ratio of 6.55 and a beta of 0.51. The company has a 50 day moving average price of $9.93 and a 200-day moving average price of $11.88. Cross Timbers Royalty Trust has a 1-year low of $8.88 and a 1-year high of $20.50.
About Cross Timbers Royalty Trust
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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