Cross Timbers Royalty Trust

NYSE:CRT Stock Report

Market Cap: US$56.1m

Cross Timbers Royalty Trust Dividends and Buybacks

Dividend criteria checks 2/6

Cross Timbers Royalty Trust is a dividend paying company with a current yield of 10.69%.

Key information

10.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.027
Payout ratio100%

Recent dividend and buyback updates

Recent updates

Cross Timbers Royalty Trust: Quality Of Reports Needs To Improve Before I Would Buy

Jan 29

Cross Timbers Royalty Trust Is Risky, Even After A 39% Decline

Oct 13

Cross Timbers Royalty Trust Is Unattractive Despite Its Recent Correction

Jun 27

Cross Timbers Royalty Trust dividend declines by 63.4% to $0.1146

Feb 17

Cross Timbers Royalty Trust raises dividend by 108% to $0.3127

Jan 20

Cross Timbers Royalty Trust: Solid Returns Still Ahead

Jan 12

Cross Timbers Royalty Trust declares $0.1503 dividend

Dec 19

Cross Timbers Royalty Trust declines monthly dividend by -25.6% to $0.1491/share

Oct 25

Cross Timbers Royalty Trust goes ex dividend tomorrow

Sep 28

Cross Timbers Royalty Trust: Consistent In Times Of Uncertainty

Sep 07

Cross Timbers Royalty Trust raises dividend by 20% to $0.2306 dividend

Aug 19

Cross Timbers Royalty Trust cuts dividend by 29% to $0.1917

Jul 19

Cross Timbers Royalty Trust's (NYSE:CRT) Shareholders Will Receive A Bigger Dividend Than Last Year

May 26
Cross Timbers Royalty Trust's (NYSE:CRT) Shareholders Will Receive A Bigger Dividend Than Last Year

Cross Timbers Royalty Trust: A Modest Income Play

May 05

Cross Timbers Royalty Trust (NYSE:CRT) Is Increasing Its Dividend To US$0.16

Apr 22
Cross Timbers Royalty Trust (NYSE:CRT) Is Increasing Its Dividend To US$0.16

Cross Timbers Royalty Trust's (NYSE:CRT) Upcoming Dividend Will Be Larger Than Last Year's

Sep 23
Cross Timbers Royalty Trust's (NYSE:CRT) Upcoming Dividend Will Be Larger Than Last Year's

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CRT's dividend payments have been volatile in the past 10 years.

Growing Dividend: CRT's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Cross Timbers Royalty Trust Dividend Yield vs Market
How does CRT dividend yield compare to the market?
SegmentDividend Yield
Company (CRT)10.7%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Oil and Gas)4.2%
Analyst forecast (CRT) (up to 3 years)n/a

Notable Dividend: CRT's dividend (10.69%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: CRT's dividend (10.69%) is in the top 25% of dividend payers in the US market (4.56%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (100%), CRT's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate CRT's cash payout ratio to determine if its dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cross Timbers Royalty Trust is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Troy MacLeanBMO Capital Markets Equity Research