Mesa Royalty Trust (MTR) Stock Price, News & Analysis

Mesa Royalty Trust's stock was trading at $13.20 on January 1st, 2024. Since then, MTR stock has decreased by 14.9% and is now trading at $11.23.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our MTR earnings forecast.

Mesa Royalty Trust (NYSE:MTR) announced its earnings results on Wednesday, February, 14th. The energy company reported $0.09 earnings per share (EPS) for the quarter. Mesa Royalty Trust had a net margin of 87.08% and a trailing twelve-month return on equity of 97.86%.

Mesa Royalty Trust announced a monthly dividend on Tuesday, March 19th. Investors of record on Friday, March 29th will be paid a dividend of $0.0252 per share on Tuesday, April 30th. This represents a $0.30 annualized dividend and a yield of 2.69%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for MTR.

Mesa Royalty Trust (NYSE:MTR) pays an annual dividend of $0.33 per share and currently has a dividend yield of 2.88%. The dividend payout ratio is 21.57%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MTR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Royalty Trust investors own include Alliance Resource Partners (ARLP), Cross Timbers Royalty Trust (CRT), Alibaba Group (BABA), Gladstone Investment (GAIN), Inovio Pharmaceuticals (INO), Main Street Capital (MAIN), Omega Healthcare Investors (OHI), Exxon Mobil (XOM), AbbVie (ABBV) and Allena Pharmaceuticals (ALNA).

Shares of MTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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