Cross Timbers Royalty Trust (NYSE:CRT) Announces Dividend of $0.07

Cross Timbers Royalty Trust (NYSE:CRT) announced a dividend on Tuesday, August 20th, NASDAQ reports. Investors of record on Friday, August 30th will be paid a dividend of 0.072 per share by the oil and gas company on Monday, September 16th. The ex-dividend date of this dividend is Thursday, August 29th.

Cross Timbers Royalty Trust has decreased its dividend by an average of 1.1% per year over the last three years.

Shares of Cross Timbers Royalty Trust stock opened at $9.81 on Wednesday. Cross Timbers Royalty Trust has a one year low of $9.15 and a one year high of $15.97. The firm has a market capitalization of $57.06 million, a price-to-earnings ratio of 7.93 and a beta of 0.87. The business has a 50-day simple moving average of $11.08 and a 200 day simple moving average of $11.74.

Cross Timbers Royalty Trust Company Profile

Cross Timbers Royalty Trust is an express trust, which operates as a trustee of Southwest Bank. It is created to collect and distribute monthly net profits income to unitholders. It has interest in certain royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico. The firm also has interest in certain working interest properties in Texas and Oklahoma.

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