CRT dividend yield – Cross Timbers Royalty Trust Declares 0.179256 Cash Dividend
March 24, 2023
Dividends Yield
Cross Timbers Royalty ($NYSE:CRT) Trust has recently declared a 0.179256 Cash Dividend to be paid on March 22 2023. Over the last 3 years, the trust has issued annual dividends per share of 1.77, 1.11 and 0.78 USD, yielding 11.33%, 10.39% and 11.29% respectively. This results in an average dividend yield of 11.0%.
Market Price
On Wednesday, the stock opened at $16.8 and closed at $16.2, down 1.5% from its prior closing price of $16.5. Despite the one-day decline in share value, investors in CROSS TIMBERS ROYALTY TRUST will still be able to enjoy the dividends and the long-term appreciation of their investments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CRT. More…
| Total Revenues | Net Income | Net Margin |
| 11.37 | 10.64 | 93.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CRT. More…
| Operations | Investing | Financing |
| 5.46 | – | -6.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CRT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.23 | 2.2 | 2.24 |
Key Ratios Snapshot
Some of the financial key ratios for CRT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.1% | 20.3% | 93.5% |
| FCF Margin | ROE | ROA |
| 82.5% | 31.1% | 127.2% |
Analysis – CRT Intrinsic Value Calculator
GoodWhale provides a comprehensive analysis of CROSS TIMBERS ROYALTY TRUST’s financials. After analyzing the company’s fundamentals, our proprietary Valuation Line yields an intrinsic value of $18.9 per share. Currently, CROSS TIMBERS ROYALTY TRUST is trading at $16.2, indicating a fair price that is undervalued by 14.1%. This suggests that it might be a good time to invest in CROSS TIMBERS ROYALTY TRUST. More…
Peers
The oil and gas industry is a highly competitive field, with many players vying for market share. Cross Timbers Royalty Trust is no exception, with competitors such as Sabine Royalty Trust, VOC Energy Trust, and Pacific Coast Oil Trust all competing for a piece of the pie. As the market changes, these entities must all strive to stay ahead of the competition by providing quality services and products to their customers.
– Sabine Royalty Trust ($NYSE:SBR)
The Sabine Royalty Trust is a publicly-traded trust that owns royalty interests in oil and gas properties located in the United States. It has a market cap of 1.2 billion as of 2022, making it one of the larger trusts in this sector. The trust has a return on equity of 628.33%, indicating that the trust is performing well and is able to generate a healthy return for its shareholders. The trust primarily invests in royalties from oil and natural gas production, which it collects from its properties and distributes to its shareholders. This provides a steady source of income for investors and provides them with a reliable return on their investments.
– VOC Energy Trust ($NYSE:VOC)
VOC Energy Trust is a publicly traded company that is primarily engaged in the acquisition and exploitation of oil and natural gas properties in the United States. With a market cap of 158.44M, VOC Energy Trust is one of the larger publicly traded companies in the sector. The company has a Return on Equity (ROE) of 4.06%, which is below the industry average. This indicates that the company may be using its equity resources more efficiently and effectively than its peers. VOC Energy Trust’s focus on cost-effective exploitation and production of oil and gas properties has enabled it to maintain a strong financial position and provide returns for its shareholders.
– Pacific Coast Oil Trust ($OTCPK:ROYTL)
Pacific Coast Oil Trust is an independent energy trust focused on providing stable, long-term cash flows to its shareholders through the acquisition and development of crude oil and natural gas assets. The company has a market cap of 3.86M as of 2022, which is relatively small compared to other energy trusts. Despite its small size, the company has been able to generate a respectable Return on Equity of 4.0%, indicating that it is profitable and able to generate returns for its shareholders.
Summary
Cross Timbers Royalty Trust is an investment with a high dividend yield, offering an average yield of 11.0% over the last 3 years. The trust has issued dividends of 1.77, 1.11 and 0.78 USD per share over the last 3 years, yielding 11.33%, 10.39% and 11.29% respectively. This indicates a consistent payout rate and makes Cross Timbers an attractive option for investors looking for a secure and reliable dividend yield. The trust has a lower risk profile compared to other investments, making it an ideal choice for long-term investors who want to benefit from its steady returns without taking on excessive risk.
