Mesa Royalty Trust (NYSE:MTR) Declares Monthly Dividend of $0.01

Mesa Royalty Trust (NYSE:MTRGet Free Report) announced a monthly dividend on Monday, October 21st, NASDAQ reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.0057 per share by the energy company on Friday, January 31st. This represents a $0.07 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Thursday, October 31st. This is an increase from Mesa Royalty Trust’s previous monthly dividend of $0.0037.

Mesa Royalty Trust has increased its dividend payment by an average of 72.0% annually over the last three years.

Mesa Royalty Trust Stock Up 0.3 %

MTR stock opened at $6.13 on Tuesday. The business has a 50 day moving average of $6.11 and a 200 day moving average of $7.79. The firm has a market cap of $11.40 million, a PE ratio of 5.07 and a beta of 0.56. Mesa Royalty Trust has a twelve month low of $5.60 and a twelve month high of $18.92.

Mesa Royalty Trust (NYSE:MTRGet Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The energy company reported $0.12 EPS for the quarter. The company had revenue of $0.31 million for the quarter. Mesa Royalty Trust had a net margin of 76.94% and a return on equity of 28.92%.

Mesa Royalty Trust Company Profile

(Get Free Report)

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.

See Also

Dividend History for Mesa Royalty Trust (NYSE:MTR)

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