Cross Timbers Royalty Trust (CRT) Earning Positive Press Coverage, Analysis Finds
Media stories about Cross Timbers Royalty Trust (NYSE:CRT) have trended positive recently, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cross Timbers Royalty Trust earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the oil and gas company an impact score of 44.7726295405236 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Cross Timbers Royalty Trust (CRT) opened at $15.09 on Thursday. The company has a market cap of $90.57, a P/E ratio of 14.24 and a beta of 0.61. Cross Timbers Royalty Trust has a 1 year low of $14.10 and a 1 year high of $19.00.
The company also recently announced a monthly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be given a dividend of $0.078 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.94 dividend on an annualized basis and a yield of 6.20%. Cross Timbers Royalty Trust’s dividend payout ratio (DPR) is currently 88.68%.
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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