Dividend Flows Don’t Lie: Will Jan 31, 2017 be the day Mesa Royalty Trust (NYSE:MTR) makes dividends of $0.10?

Dividend Flows Don't Lie: Will Jan 31, 2017 be the day Mesa Royalty Trust (NYSE:MTR) makes dividends of $0.10?

Mesa Royalty Trust (NYSE:MTR) is expected to pay $0.10 on Jan 31, 2017. The indicated annual dividend is $1.21. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Mesa Royalty Trust’s current price of $10.60, the dividend is 0.95%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 17, 2016. The stock closed at $10.6 during the last session. It is down 11.46% since April 25, 2016 and is uptrending. It has outperformed by 5.45% the S&P500.

Mesa Royalty Trust owns property interests in the Hugoton Area and the San Juan Basin (Northwestern New Mexico and Southwestern Colorado). The company has a market cap of $20.23 million. The Trust does not engage in any operations. It has a 17.69 P/E ratio. The gas produced from the Hugoton properties is available for sale on the spot market.

Insitutional Activity: The institutional sentiment increased to 2 in 2016 Q2. Its up 0.75, from 1.25 in 2016Q1. The ratio increased, as 4 funds sold all Mesa Royalty Trust shares owned while 0 reduced positions. 4 funds bought stakes while 1 increased positions. They now own 149,258 shares or 28.76% less from 209,504 shares in 2016Q1.
The Ontario – Canada-based Royal Bancorp Of Canada has invested 0% in Mesa Royalty Trust (NYSE:MTR). Moreover, Blackrock Lc has 0% invested in Mesa Royalty Trust (NYSE:MTR) for 1,500 shares. Comml Bank Of America De holds 0% or 8,216 shares in its portfolio. Pnc Serv Grp accumulated 0% or 2,000 shares. Goodwin Daniel L owns 11,300 shares or 0.04% of their US portfolio. Deutsche National Bank Ag holds 0% of its portfolio in Mesa Royalty Trust (NYSE:MTR) for 5,600 shares. Lucas Cap Mgmt last reported 0.21% of its portfolio in the stock. Morgan Stanley last reported 0% of its portfolio in the stock. Ladenburg Thalmann Ser, a Florida-based fund reported 300 shares. Wells Fargo Mn accumulated 0% or 88,063 shares. Reilly Advisors Lc last reported 0% of its portfolio in the stock.

More notable recent Mesa Royalty Trust (NYSE:MTR) news were published by: Nasdaq.com which released: “Mesa Royalty Trust (MTR) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016, also Businesswire.com with their article: “Mesa Royalty Trust Announces Trust Income for November 2016” published on November 16, 2016, Businesswire.com published: “Mesa Royalty Trust Announces Trust Income for October 2016” on October 18, 2016. More interesting news about Mesa Royalty Trust (NYSE:MTR) were released by: Businesswire.com and their article: “Mesa Royalty Trust Announces Trust Income for July 2016” published on July 18, 2016 as well as Businesswire.com‘s news article titled: “Mesa Royalty Trust Announces Trust Income for August 2016” with publication date: August 19, 2016.

MTR Company Profile

Mesa Royalty Trust, incorporated on November 1, 1979, owns property interests in the Hugoton Area (Kansas) and the San Juan Basin (Northwestern New Mexico and Southwestern Colorado). The Trust does not engage in any operations.

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