Cross Timbers Royalty Trust Plans Aug 25 Dividend of $0.01 (NYSE:CRT)

Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) announced a aug 25 dividend on Tuesday, August 19th, RTT News reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.0134 per share by the oil and gas company on Monday, September 15th.Cross Timbers Royalty Trust Price PerformanceNYSE:CRT opened at $8.74 on Tuesday. Cross Timbers Royalty Trust has a fifty-two week low of $8.46 and a fifty-two week high of $13.31. The stock's 50-day moving average is $9.50 and its two-hundred day moving average is $10.21. The stock has a market cap of $52.41 million, a PE ratio of 9.49 and a beta of 0.17. Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The oil and gas company reported $0.15 EPS for the quarter. The company had revenue of $1.31 million during the quarter. Cross Timbers Royalty Trust had a return on equity of 231.09% and a net margin of 84.24%. Institutional Inflows and OutflowsA number of hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE increased its holdings in shares of Cross Timbers Royalty Trust by 81.3% during the 2nd quarter. Bank of America Corp DE now owns 3,596 shares of the oil and gas company's stock worth $36,000 after acquiring an additional 1,612 shares during the last quarter. Scotia Capital Inc. acquired a new position in Cross Timbers Royalty Trust in the second quarter valued at about $109,000. Ritholtz Wealth Management bought a new stake in shares of Cross Timbers Royalty Trust during the 2nd quarter worth $169,000. PNC Financial Services Group Inc. lifted its position in shares of Cross Timbers Royalty Trust by 2,500.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,400 shares of the oil and gas company's stock worth $137,000 after buying an additional 10,000 shares during the last quarter. Finally, Miracle Mile Advisors LLC increased its holdings in Cross Timbers Royalty Trust by 20.0% in the 1st quarter. Miracle Mile Advisors LLC now owns 18,000 shares of the oil and gas company's stock worth $237,000 after purchasing an additional 3,000 shares in the last quarter. 9.74% of the stock is currently owned by institutional investors. Cross Timbers Royalty Trust Company Profile (Get Free Report)Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma.See AlsoFive stocks we like better than Cross Timbers Royalty TrustDividend Payout Ratio CalculatorWall Street Bets Boeing Stock Is Making a ComebackThe 3 Best Fintech Stocks to Buy NowHyperscaler Spending Could Supercharge Super Micro Computer StockWhat Are Dividends? Buy the Best Dividend Stocks3 Subscription Stocks Built to Withstand Market VolatilityThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Cross Timbers Royalty Trust Right Now?Before you consider Cross Timbers Royalty Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cross Timbers Royalty Trust wasn't on the list.While Cross Timbers Royalty Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here