Hugoton Royalty Trust Declares Dividend of $0.01 (HGT)
Hugoton Royalty Trust (NYSE:HGT) announced a dividend on Monday, August 21st, NASDAQ reports. Shareholders of record on Thursday, August 31st will be paid a dividend of 0.006 per share by the oil and gas company on Friday, September 15th. The ex-dividend date is Tuesday, August 29th.
Hugoton Royalty Trust has decreased its dividend by an average of 62.1% per year over the last three years.
Shares of Hugoton Royalty Trust (HGT) opened at 1.70 on Tuesday. The stock has a market cap of $68.00 million, a price-to-earnings ratio of 13.93 and a beta of -0.22. Hugoton Royalty Trust has a 52 week low of $1.55 and a 52 week high of $2.75. The firm has a 50-day moving average price of $1.81 and a 200-day moving average price of $1.87.
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About Hugoton Royalty Trust
Hugoton Royalty Trust is an express trust. The Company is created pursuant to the Hugoton Royalty Trust Indenture between XTO Energy Inc, as grantor, and NationsBank, N.A., as trustee. Southwest Bank is now the trustee of the trust of the Company. XTO Energy is a subsidiary of Exxon Mobil Corporation.
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