Cross Timbers Royalty Trust (CRT) To Go Ex-Dividend on April 30th

Cross Timbers Royalty Trust (NYSE:CRT) declared a dividend on Wednesday, April 23rd, investing.com reports. Shareholders of record on Thursday, May 1st will be given a dividend of 0.0321 per share by the oil and gas company on Wednesday, May 14th. This represents a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, April 30th.

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

Cross Timbers Royalty Trust Price Performance

Shares of NYSE CRT opened at $10.34 on Monday. The business’s fifty day moving average price is $10.89 and its 200-day moving average price is $10.56. The stock has a market capitalization of $62.04 million, a PE ratio of 9.23 and a beta of 0.23. Cross Timbers Royalty Trust has a one year low of $8.88 and a one year high of $14.40.

Cross Timbers Royalty Trust (NYSE:CRT) last released its quarterly earnings results on Thursday, March 27th. The oil and gas company reported $0.22 EPS for the quarter. The firm had revenue of $1.48 million during the quarter. Cross Timbers Royalty Trust had a net margin of 88.08% and a return on equity of 262.62%.

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.