Cross Timbers Royalty Trust (NYSE:CRT) Announces $0.06 Dividend

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 paid 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% annually over the last three years.

Cross Timbers Royalty Trust Price Performance

Shares of CRT stock traded up $0.26 on Friday, hitting $9.61. 42,543 shares of the company’s stock were exchanged, compared to its average volume of 33,861. The company has a 50 day moving average of $10.40 and a 200 day moving average of $10.43. The stock has a market cap of $57.66 million, a P/E ratio of 8.58 and a beta of 0.55. Cross Timbers Royalty Trust has a 12 month low of $8.88 and a 12 month high of $18.72.

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.

Featured Articles

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

Receive News & Ratings for Cross Timbers Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cross Timbers Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.