Mesa Royalty Trust (NYSE:MTR – Get Free Report) declared a dividend on Wednesday, April 23rd, investing.com reports. Stockholders of record on Thursday, May 1st will be given a dividend of 0.025 per share by the energy company on Thursday, July 31st. This represents a dividend yield of 5.56%. The ex-dividend date is Wednesday, April 30th.
Mesa Royalty Trust has decreased its dividend by an average of 29.6% per year over the last three years.
Mesa Royalty Trust Price Performance
Shares of Mesa Royalty Trust stock opened at $5.26 on Monday. The firm has a market cap of $9.80 million, a price-to-earnings ratio of 11.18 and a beta of 0.48. Mesa Royalty Trust has a one year low of $4.84 and a one year high of $9.98. The stock’s 50-day moving average is $5.92 and its 200-day moving average is $6.25.
Mesa Royalty Trust Company Profile
Mesa Royalty Trust owns overriding royalty interests in various oil and gas producing properties in the United States. It holds interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of Northwestern New Mexico and Southwestern Colorado. The company was founded in 1979 and is based in Houston, Texas.
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