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

Cross Timbers Royalty Trust (NYSE:CRT) announced a monthly dividend on Monday, November 18th, Fidelity reports. Investors of record on Friday, November 29th will be paid a dividend of 0.0621 per share by the oil and gas company on Friday, December 13th. This represents a $0.75 annualized dividend and a dividend yield of 8.67%. The ex-dividend date is Wednesday, November 27th.

Shares of CRT stock opened at $8.60 on Tuesday. The firm has a 50 day moving average price of $8.42 and a two-hundred day moving average price of $10.31. The company has a market capitalization of $49.08 million, a PE ratio of 7.94 and a beta of 0.89. Cross Timbers Royalty Trust has a 12-month low of $7.75 and a 12-month high of $14.57.

About Cross Timbers Royalty Trust

Cross Timbers Royalty Trust is an express trust, which operates as a trustee of Southwest Bank. It is created to collect and distribute monthly net profits income to unitholders. It has interest in certain royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico. The firm also has interest in certain working interest properties in Texas and Oklahoma.

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

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