Cross Timbers Royalty Trust Plans Monthly Dividend of $0.03 (NYSE:CRT)

Cross Timbers Royalty Trust (NYSE:CRT) announced a monthly dividend on Friday, September 19th. Investors of record on Tuesday, September 30th will be paid a dividend of 0.0318 per share by the oil and gas company on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Tuesday, September 30th.

Cross Timbers Royalty Trust Price Performance

Shares of CRT opened at $7.65 on Friday. The firm has a market cap of $45.90 million, a PE ratio of 8.32 and a beta of 0.17. The stock’s fifty day moving average price is $8.81 and its two-hundred day moving average price is $9.83. Cross Timbers Royalty Trust has a 1 year low of $7.65 and a 1 year high of $13.31.

Cross Timbers Royalty Trust (NYSE:CRT) last announced its quarterly earnings results on Wednesday, August 13th. The oil and gas company reported $0.15 earnings per share for the quarter. The firm had revenue of $1.31 million for the quarter. Cross Timbers Royalty Trust had a return on equity of 231.09% and a net margin of 84.24%.

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.