Cross Timbers Royalty Trust (CRT) To Go Ex-Dividend on November 29th

Cross Timbers Royalty Trust (NYSE:CRT) declared a monthly dividend on Monday, November 18th,Wall Street Journal reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.0927 per share by the oil and gas company on Friday, December 13th. This represents a $1.11 annualized dividend and a dividend yield of 10.33%. The ex-dividend date of this dividend is Friday, November 29th. This is a boost from Cross Timbers Royalty Trust’s previous monthly dividend of $0.06.

Cross Timbers Royalty Trust has increased its dividend by an average of 35.2% annually over the last three years.

Cross Timbers Royalty Trust Stock Performance

NYSE CRT opened at $10.77 on Wednesday. The firm has a market capitalization of $64.62 million, a price-to-earnings ratio of 9.62 and a beta of 0.53. Cross Timbers Royalty Trust has a one year low of $8.88 and a one year high of $20.50. The company’s 50 day moving average price is $10.47 and its 200 day moving average price is $10.87.

Cross Timbers Royalty Trust Company Profile

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.