Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) announced a monthly dividend on Monday, June 17th, Zacks reports. Stockholders of record on Friday, June 28th will be paid a dividend of 0.03 per share by the oil and gas company on Monday, July 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend is Friday, June 28th.
Cross Timbers Royalty Trust has raised its dividend by an average of 35.2% annually over the last three years.
Cross Timbers Royalty Trust Trading Down 7.8 %
CRT opened at $11.48 on Wednesday. Cross Timbers Royalty Trust has a twelve month low of $11.30 and a twelve month high of $24.44. The firm has a market capitalization of $68.88 million, a PE ratio of 7.31 and a beta of 0.59. The firm’s 50-day moving average price is $13.63 and its 200 day moving average price is $15.75.
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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