Cross Timbers Royalty Trust Announces Dividend of $0.10 (NYSE:CRT)

Cross Timbers Royalty Trust (NYSE:CRT) declared a dividend on Tuesday, January 21st,NASDAQ Dividends reports. Stockholders of record on Friday, January 31st will be paid a dividend of 0.095 per share by the oil and gas company on Friday, February 14th. The ex-dividend date of this dividend is Friday, January 31st.

Cross Timbers Royalty Trust has decreased its dividend payment by an average of 5.2% annually over the last three years.

Cross Timbers Royalty Trust Price Performance

CRT stock traded up $0.15 during midday trading on Tuesday, reaching $10.43. 41,826 shares of the stock were exchanged, compared to its average volume of 27,919. Cross Timbers Royalty Trust has a 52 week low of $8.88 and a 52 week high of $18.49. The company has a fifty day moving average price of $10.15 and a 200 day moving average price of $10.15. The stock has a market capitalization of $62.58 million, a PE ratio of 9.31 and a beta of 0.56.

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.