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

Cross Timbers Royalty Trust (NYSE:CRTGet Free Report) declared 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 10.95%. The ex-dividend date of this dividend is Friday, January 31st.

Cross Timbers Royalty Trust has decreased its dividend by an average of 5.2% per year over the last three years.

Cross Timbers Royalty Trust Price Performance

NYSE CRT opened at $10.42 on Thursday. The stock’s 50-day moving average is $10.16 and its 200-day moving average is $10.16. Cross Timbers Royalty Trust has a one year low of $8.88 and a one year high of $18.49. The firm has a market cap of $62.51 million, a P/E ratio of 9.30 and a beta of 0.56.

Cross Timbers Royalty Trust Company Profile

(Get Free Report)

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.

See Also

Dividend History for Cross Timbers Royalty Trust (NYSE:CRT)

Receive News & Ratings for Cross Timbers Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cross Timbers Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.