Mesa Royalty Trust (NYSE:MTR – Get Free Report) declared a monthly dividend on Tuesday, January 21st,Wall Street Journal reports. Shareholders of record on Friday, January 31st will be given a dividend of 0.0005 per share by the energy company on Wednesday, April 30th. This represents a $0.01 annualized dividend and a yield of 0.09%. The ex-dividend date is Friday, January 31st.
Mesa Royalty Trust has decreased its dividend payment by an average of 20.7% annually over the last three years.
Mesa Royalty Trust Trading Up 4.1 %
Mesa Royalty Trust stock traded up $0.28 during mid-day trading on Tuesday, reaching $7.03. The stock had a trading volume of 83,070 shares, compared to its average volume of 14,880. Mesa Royalty Trust has a fifty-two week low of $5.60 and a fifty-two week high of $11.99. The stock’s 50-day simple moving average is $6.49 and its 200-day simple moving average is $6.66.
About Mesa Royalty Trust
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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