Cross Timbers Royalty Trust (NYSE:CRT) Rating Increased to B- at TheStreet
TheStreet upgraded shares of Cross Timbers Royalty Trust (NYSE:CRT) from a c rating to a b- rating in a research note published on Monday morning, TheStreetRatingsTable reports.
Shares of CRT stock opened at $9.21 on Monday. The firm has a market cap of $55.26 million, a P/E ratio of 11.51 and a beta of 0.88. Cross Timbers Royalty Trust has a 12-month low of $5.12 and a 12-month high of $10.57. The company has a 50 day moving average of $9.07 and a 200-day moving average of $8.10.
The firm also recently declared a monthly dividend, which was paid on Wednesday, April 14th. Stockholders of record on Wednesday, March 31st were given a dividend of $0.0542 per share. The ex-dividend date was Tuesday, March 30th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 7.07%.
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.
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