CT Real Estate Investment Trust (CRT) Declares Monthly Dividend of $0.05
CT Real Estate Investment Trust (TSE:CRT) announced a monthly dividend on Friday, September 15th, Zacks reports. Investors of record on Friday, September 29th will be paid a dividend of 0.047 per share on Monday, October 16th. This represents a $0.56 dividend on an annualized basis and a yield of Infinity. The ex-dividend date is Thursday, September 28th.
Separately, Desjardins reaffirmed a “hold” rating on shares of CT Real Estate Investment Trust in a research report on Thursday, August 3rd.
CT Real Estate Investment 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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