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Cross Timbers Royalty Trust boosts dividend by 243.7%, raising payout to $0.16 per share.
Cross Timbers Royalty Trust (CRT) announced a significant increase in its monthly dividend to $0.16 per share from $0.05, resulting in a 16.08% yield.
The dividend, payable on April 14th to shareholders of record on March 31st, marks a 243.7% rise from the previous dividend.
CRT operates in Texas, Oklahoma, and New Mexico, holding interests in various producing and non-producing properties.
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Cross Timbers Royalty Trust aumenta los dividendos en 243,7%, elevando el pago a $0.16 por acción.