Mesa Royalty Trust (NYSE:MTR – Get Free Report) declared a monthly dividend on Thursday, April 18th, Wall Street Journal reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.0192 per share by the energy company on Wednesday, July 31st. This represents a $0.23 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Monday, April 29th.
Mesa Royalty Trust has increased its dividend by an average of 72.0% per year over the last three years.
Mesa Royalty Trust Stock Down 0.7 %
MTR opened at $11.20 on Friday. The firm has a 50 day moving average price of $10.28 and a 200-day moving average price of $12.46. Mesa Royalty Trust has a twelve month low of $8.85 and a twelve month high of $29.50. The stock has a market capitalization of $20.83 million, a price-to-earnings ratio of 7.32 and a beta of 0.71.
Institutional Trading of Mesa Royalty Trust
About Mesa Royalty Trust
Mesa Royalty Trust owns net overriding royalty interests in various oil and gas producing properties in the United States. The company has interests in properties located in the Hugoton field of Kansas; and the San Juan Basin of Northwestern New Mexico and Southwestern Colorado. Mesa Royalty Trust was founded in 1979 and is based in Houston, Texas.
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