Cross Timbers Royalty Trust (CRT) To Go Ex-Dividend on July 31st

Cross Timbers Royalty Trust (NYSE:CRT) declared a monthly dividend on Friday, July 19th, investing.com reports. Investors of record on Wednesday, July 31st will be given a dividend of 0.0961 per share by the oil and gas company on Wednesday, August 14th. This represents a $1.15 dividend on an annualized basis and a yield of 11.28%. The ex-dividend date of this dividend is Wednesday, July 31st.

Cross Timbers Royalty Trust has raised its dividend by an average of 35.2% per year over the last three years.

Cross Timbers Royalty Trust Stock Up 0.1 %

CRT opened at $10.23 on Monday. Cross Timbers Royalty Trust has a 12-month low of $9.19 and a 12-month high of $22.85. The business has a 50 day moving average of $11.70 and a 200-day moving average of $14.18. The stock has a market cap of $61.38 million, a price-to-earnings ratio of 6.52 and a beta of 0.54.

Cross Timbers Royalty Trust (NYSE:CRT) last announced its quarterly earnings results on Tuesday, May 14th. The oil and gas company reported $0.25 earnings per share (EPS) for the quarter. Cross Timbers Royalty Trust had a return on equity of 347.77% and a net margin of 91.50%. The business had revenue of $1.84 million during the quarter.

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.