Somewhat Favorable News Coverage Somewhat Unlikely to Impact Mesa Royalty Trust (MTR) Share Price
Media stories about Mesa Royalty Trust (NYSE:MTR) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mesa Royalty Trust earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 45.7614909526576 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Mesa Royalty Trust (MTR) opened at 12.60 on Monday. Mesa Royalty Trust has a one year low of $8.12 and a one year high of $16.70. The stock has a 50 day moving average price of $12.11 and a 200-day moving average price of $12.84. The stock has a market capitalization of $23.47 million, a P/E ratio of 9.57 and a beta of 0.87.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, July 31st will be issued a $0.116 dividend. This represents a $1.39 annualized dividend and a yield of 11.05%. The ex-dividend date is Thursday, July 27th. This is a positive change from Mesa Royalty Trust’s previous monthly dividend of $0.10. Mesa Royalty Trust’s dividend payout ratio is 105.30%.
Separately, TheStreet upgraded Mesa Royalty Trust from a “c” rating to a “b” rating in a report on Wednesday, May 31st.
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About Mesa Royalty Trust
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