Cross Timbers Royalty Trust Plans May 25 Dividend of $0.08 (NYSE:CRT)

Cross Timbers Royalty Trust (NYSE:CRT) declared a may 25 dividend on Monday, May 19th, RTT News reports. Investors of record on Friday, May 30th will be given a dividend of 0.0808 per share by the oil and gas company on Friday, June 13th.

Cross Timbers Royalty Trust has decreased its dividend by an average of 8.0% per year over the last three years.

Cross Timbers Royalty Trust Stock Up 2.5%

Cross Timbers Royalty Trust stock traded up $0.26 during mid-day trading on Monday, reaching $10.37. The company had a trading volume of 70,916 shares, compared to its average volume of 31,448. The firm has a market cap of $62.20 million, a price-to-earnings ratio of 9.24 and a beta of 0.17. The company has a 50 day moving average of $10.69 and a 200-day moving average of $10.48. Cross Timbers Royalty Trust has a 52 week low of $8.88 and a 52 week high of $14.40.

Cross Timbers Royalty Trust (NYSE:CRT) last released its earnings results on Wednesday, May 14th. The oil and gas company reported $0.30 earnings per share for the quarter. Cross Timbers Royalty Trust had a net margin of 88.08% and a return on equity of 262.62%.

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.