Cross Timbers Royalty Trust (crt) Declares Monthly Dividend of $0.07
Cross Timbers Royalty Trust (NYSE:crt) declared a monthly dividend on Tuesday, September 20th. Shareholders of record on Friday, September 30th will be given a dividend of 0.074 per share on Monday, October 17th. This represents a $0.89 annualized dividend and a dividend yield of 4.76%. The ex-dividend date of this dividend is Wednesday, September 28th.
Cross Timbers Royalty Trust (NYSE:CRT) traded down 0.70% during trading on Friday, hitting $18.41. 7,844 shares of the company’s stock traded hands. The stock has a market cap of $110.46 million, a P/E ratio of 15.82 and a beta of 0.60. Cross Timbers Royalty Trust has a 12 month low of $12.00 and a 12 month high of $20.59. The company’s 50 day moving average is $18.82 and its 200-day moving average is $17.36.
Cross Timbers Royalty Trust Company Profile
Cross Timbers Royalty Trust is an express trust. The net profits interests are the principal asset of the Trust. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma.
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