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

Cross Timbers Royalty Trust (NYSE:CRTGet Free Report) declared a dividend on Friday, December 20th,NASDAQ Dividends reports. Investors 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 is Tuesday, December 31st.

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

Cross Timbers Royalty Trust Stock Performance

CRT traded up $0.26 during trading on Friday, reaching $9.61. The company’s stock had a trading volume of 42,543 shares, compared to its average volume of 33,861. The company’s fifty day moving average price is $10.40 and its 200-day moving average price is $10.43. Cross Timbers Royalty Trust has a 52-week low of $8.88 and a 52-week high of $18.72. The company has a market capitalization of $57.66 million, a price-to-earnings ratio of 8.58 and a beta of 0.55.

About Cross Timbers Royalty Trust

(Get Free Report)

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.

See Also

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

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