Cross Timbers Royalty Trust (CRT) To Go Ex-Dividend on February 28th

Cross Timbers Royalty Trust (NYSE:CRT) declared a monthly dividend on Tuesday, February 18th, Wall Street Journal reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.0456 per share by the oil and gas company on Friday, March 14th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date of this dividend is Friday, February 28th.

Cross Timbers Royalty Trust has decreased its dividend payment by an average of 8.0% annually over the last three years.

Cross Timbers Royalty Trust Price Performance

NYSE:CRT opened at $10.79 on Wednesday. The firm has a market capitalization of $64.73 million, a PE ratio of 9.63 and a beta of 0.56. Cross Timbers Royalty Trust has a 12 month low of $8.88 and a 12 month high of $17.72. The business’s 50-day moving average is $10.35 and its two-hundred day moving average is $10.28.

Cross Timbers Royalty Trust Company Profile

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.