Dividend Worth Mentioning: Dec 14, 2016 will mean $0.12 dividends for Cross Timbers Royalty Trust (NYSE:CRT) shareholders.

Dividend Worth Mentioning: Dec 14, 2016 will mean $0.12 dividends for Cross Timbers Royalty Trust (NYSE:CRT) shareholders.

Cross Timbers Royalty Trust (NYSE:CRT) is expected to pay $0.12 on Dec 14, 2016. The indicated annual dividend is $1.40. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Cross Timbers Royalty Trust’s current price of $17.80, the dividend is 0.65%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 18, 2016. The stock increased 0.96% or $0.17 on November 25, hitting $17.8. About 7,487 shares traded hands. Cross Timbers Royalty Trust (NYSE:CRT) has risen 6.65% since April 25, 2016 and is uptrending. It has outperformed by 0.64% the S&P500.

Cross Timbers Royalty Trust is an express trust. The company has a market cap of $107.83 million. The net profits interests are the principal asset of the Trust. It has a 16.38 P/E ratio. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma.

Insitutional Activity: The institutional sentiment increased to 1.44 in Q2 2016. Its up 0.24, from 1.2 in 2016Q1. The ratio improved, as 4 funds sold all Cross Timbers Royalty Trust shares owned while 6 reduced positions. 7 funds bought stakes while 5 increased positions. They now own 553,890 shares or 5.22% more from 526,430 shares in 2016Q1.
Capital Guardian Tru Company holds 0% or 88 shares in its portfolio. Ladenburg Thalmann Fincl, a Florida-based fund reported 1,001 shares. Bank Of America Corp De has 38,657 shares for 0% of their US portfolio. California Public Employees Retirement has 0% invested in the company for 39,722 shares. Blackrock Mgmt Ltd has 0% invested in the company for 1,900 shares. Manufacturers Life Insurance The owns 340 shares or 0% of their US portfolio. Jpmorgan Chase has invested 0% of its portfolio in Cross Timbers Royalty Trust (NYSE:CRT). Deutsche Retail Bank Ag last reported 0% of its portfolio in the stock. The Massachusetts-based Fmr Lc has invested 0% in Cross Timbers Royalty Trust (NYSE:CRT). Moreover, Crestpoint Mgmt Ltd Llc has 1.06% invested in Cross Timbers Royalty Trust (NYSE:CRT) for 110,067 shares. Pnc Fin Svcs Incorporated holds 2,000 shares or 0% of its portfolio. First Manhattan Co holds 0% of its portfolio in Cross Timbers Royalty Trust (NYSE:CRT) for 1,000 shares. Creative Planning last reported 0% of its portfolio in the stock. Walleye Trading last reported 1,200 shares in the company. Mraz Amerine & Assocs accumulated 0.28% or 44,900 shares.

More news for Cross Timbers Royalty Trust (NYSE:CRT) were recently published by: Thestreet.com, which released: “Cross Timbers Royalty Trust (CRT) Downgraded From Buy to Hold” on October 28, 2014. Nasdaq.com‘s article titled: “Cross Timbers Royalty Trust (CRT) Ex-Dividend Date Scheduled for November 28, 2016” and published on November 25, 2016 is yet another important article.

CRT Company Profile

Cross Timbers Royalty Trust, incorporated on February 12, 1991, is an express trust. The net profits interests are the principal asset of the Trust. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma. The Company’s net profits interests consist of approximately 75% net profits interests, which are carved from working interests in over four properties in Texas and three properties in Oklahoma.

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