Cross Timbers Royalty Trust Declares Dividend of $0.06 (NYSE:CRT)

Cross Timbers Royalty Trust (NYSE:CRT) declared a dividend on Friday, December 20th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.0623 per share by the oil and gas company on Wednesday, January 15th. The ex-dividend date of this dividend is Tuesday, December 31st.

Cross Timbers Royalty Trust has increased its dividend by an average of 35.2% annually over the last three years.

Cross Timbers Royalty Trust Stock Up 2.8 %

Shares of NYSE CRT traded up $0.26 during mid-day trading on Friday, reaching $9.61. 42,543 shares of the company were exchanged, compared to its average volume of 33,861. Cross Timbers Royalty Trust has a twelve month low of $8.88 and a twelve month high of $18.72. The stock has a market capitalization of $57.66 million, a P/E ratio of 8.58 and a beta of 0.55. The company’s 50-day simple moving average is $10.40 and its 200-day simple moving average is $10.43.

About Cross Timbers Royalty Trust

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.