Cross Timbers Royalty Trust - CRT Stock Forecast, Price & News

Cross Timbers Royalty Trust's stock was trading at $11.46 at the start of the year. Since then, CRT shares have increased by 117.5% and is now trading at $24.92.
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Cross Timbers Royalty Trust saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 15,100 shares, a drop of 29.8% from the October 31st total of 21,500 shares. Based on an average daily volume of 59,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company's shares are sold short.
View Cross Timbers Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 4th 2023.
View our CRT earnings forecast.

Cross Timbers Royalty Trust announced a monthly dividend on Friday, November 18th. Investors of record on Wednesday, November 30th will be given a dividend of $0.161 per share on Wednesday, December 14th. This represents a $1.93 annualized dividend and a dividend yield of 7.75%. The ex-dividend date is Tuesday, November 29th. This is a positive change from the stock's previous monthly dividend of $0.15.
Read our dividend analysis for CRT.

Cross Timbers Royalty Trust (NYSE:CRT) pays an annual dividend of $1.93 per share and currently has a dividend yield of 7.84%. CRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 109.04%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CRT.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cross Timbers Royalty Trust investors own include Main Street Capital (MAIN), ARMOUR Residential REIT (ARR), BP Prudhoe Bay Royalty Trust (BPT), Apple Hospitality REIT (APLE), Alliance Resource Partners (ARLP), Enterprise Products Partners (EPD), EPR Properties (EPR), Energy Transfer (ET) and Pembina Pipeline (PBA).

Cross Timbers Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRT."

Cross Timbers Royalty Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Citadel Advisors LLC (0.00%).

Shares of CRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CRT stock can currently be purchased for approximately $24.92.

Cross Timbers Royalty Trust's mailing address is 2911 Turtle Creek Blvd Suite 850, DALLAS TX, 76147. The official website for the company is www.crt-crosstimbers.com. The oil and gas company can be reached via phone at (855) 588-7839 or via fax at 214-209-2431.