Cross Timbers Royalty Trust (CRT) to Issue Monthly Dividend of $0.04 on December 12th

Cross Timbers Royalty Trust (NYSE:CRTGet Free Report) declared a monthly dividend on Monday, November 17th. Shareholders of record on Friday, November 28th will be given a dividend of 0.0369 per share by the oil and gas company on Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Friday, November 28th.

Cross Timbers Royalty Trust has raised its dividend by an average of 0.0%per year over the last three years.

Cross Timbers Royalty Trust Stock Performance

Shares of Cross Timbers Royalty Trust stock opened at $8.97 on Wednesday. Cross Timbers Royalty Trust has a 1 year low of $7.07 and a 1 year high of $13.31. The firm’s 50-day simple moving average is $7.72 and its 200-day simple moving average is $8.88. The firm has a market cap of $53.79 million, a PE ratio of 9.74 and a beta of 0.20.

Cross Timbers Royalty Trust (NYSE:CRTGet Free Report) last announced its quarterly earnings data on Thursday, November 13th. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter. Cross Timbers Royalty Trust had a return on equity of 231.09% and a net margin of 84.24%.

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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Dividend History for Cross Timbers Royalty Trust (NYSE:CRT)

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