Cross Timbers Royalty Trust (NYSE:CRT) Plans $0.10 Monthly Dividend

Cross Timbers Royalty Trust (NYSE:CRT) announced a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Shareholders of record on Friday, January 31st will be given a dividend of 0.095 per share by the oil and gas company on Friday, February 14th. This represents a $1.14 annualized dividend and a yield of 10.31%. The ex-dividend date is Friday, January 31st.

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

Cross Timbers Royalty Trust Stock Down 0.1 %

NYSE CRT opened at $11.06 on Wednesday. The firm has a market cap of $66.36 million, a price-to-earnings ratio of 9.88 and a beta of 0.56. The company has a 50-day simple moving average of $10.24 and a two-hundred day simple moving average of $10.20. Cross Timbers Royalty Trust has a 12-month low of $8.88 and a 12-month high of $18.49.

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.