Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) announced a dividend on Friday, September 20th, NASDAQ reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.1022 per share by the oil and gas company on Tuesday, October 15th. The ex-dividend date of this dividend is Monday, September 30th. This is an increase from Cross Timbers Royalty Trust’s previous dividend of $0.10.
Cross Timbers Royalty Trust has increased its dividend payment by an average of 35.2% annually over the last three years.
Cross Timbers Royalty Trust Stock Up 6.2 %
Shares of Cross Timbers Royalty Trust stock opened at $9.88 on Friday. The stock has a market cap of $59.28 million, a P/E ratio of 6.29 and a beta of 0.51. The business’s 50 day moving average is $9.89 and its 200-day moving average is $12.10. Cross Timbers Royalty Trust has a 12-month low of $8.88 and a 12-month high of $20.50.
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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