Press coverage about Cross Timbers Royalty Trust (NYSE:CRT) has been trending positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cross Timbers Royalty Trust earned a news impact score of 0.28 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 45.4575673073229 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Cross Timbers Royalty Trust (CRT) traded down $0.10 during trading on Friday, reaching $15.41. The company’s stock had a trading volume of 19,254 shares, compared to its average volume of 23,765. The company has a market cap of $92.46, a PE ratio of 14.68 and a beta of 0.62. Cross Timbers Royalty Trust has a fifty-two week low of $14.10 and a fifty-two week high of $19.00.
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be given a dividend of $0.078 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.94 annualized dividend and a yield of 6.07%. Cross Timbers Royalty Trust’s payout ratio is 89.52%.
Cross Timbers Royalty Trust is an express trust. The net profits interests are the principal asset of the Trust. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma.
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