Mesa Royalty Trust (NYSE:MTR – Get Free Report) announced a monthly dividend on Tuesday, January 21st,Wall Street Journal reports. Shareholders of record on Friday, January 31st will be paid a dividend of 0.0005 per share by the energy company on Wednesday, April 30th. This represents a $0.01 dividend on an annualized basis and a yield of 0.08%. The ex-dividend date is Friday, January 31st.
Mesa Royalty Trust has decreased its dividend by an average of 20.7% annually over the last three years.
Mesa Royalty Trust Price Performance
Shares of NYSE MTR opened at $7.25 on Wednesday. The company’s fifty day moving average is $6.60 and its 200-day moving average is $6.62. Mesa Royalty Trust has a twelve month low of $5.60 and a twelve month high of $11.99.
Mesa Royalty Trust Company Profile
Mesa Royalty Trust owns overriding royalty interests in various oil and gas producing properties in the United States. It holds interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of Northwestern New Mexico and Southwestern Colorado. The company was founded in 1979 and is based in Houston, Texas.
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