Mesa Royalty Trust Declares Ex-Dividend Date of Tuesday
May 27, 2023
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Mesa Royalty Trust ($NYSE:MTR) (MRT) has recently declared a Tuesday ex-dividend date. This means that the Tuesday dividend for MRT will no longer be valid, and shareholders will no longer receive payments on that day. MRT is a publicly-traded company that provides royalty interests in oil and gas properties. The trust’s mission is to generate income for its shareholders through the distribution of its royalty payments from oil and gas producers. The company is headquartered in Houston, Texas and is listed on the New York Stock Exchange.
MRT has also earned a reputation for its long-term stability, consistently providing dividends to shareholders over many years. As a result, it has become an attractive option for investors who are looking for a reliable and consistent source of income. The recent declaration of the ex-dividend date on Tuesday is a sign of MRT’s commitment to providing stability to its shareholders. While the dividend will no longer be valid as of Tuesday, investors can trust in the company’s long-term commitment to providing value and reliable returns.
Dividends
MESA ROYALTY TRUST has declared an ex-dividend date of Tuesday, and has issued an annual dividend per share of 1.95 USD, 1.91 USD, and 0.42 USD in the last three years. The dividend yields from 2021 to 2023 are 12.41%, 14.29%, and 7.22%, with an average dividend yield of 11.31%. For investors interested in dividend stocks, MESA ROYALTY TRUST could be an attractive option that provides a high dividend yield, making it a viable investment for those looking for an income source.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MTR. More…
| Total Revenues | Net Income | Net Margin |
| 4.23 | 3.77 | 89.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MTR. More…
| Operations | Investing | Financing |
| – | – | – |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MTR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.46 | 0.69 | 3.27 |
Key Ratios Snapshot
Some of the financial key ratios for MTR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 42.6% | 43.0% | 88.9% |
| FCF Margin | ROE | ROA |
| – | 37.6% | 68.0% |
Share Price
On Friday, stock in MRT opened at $24.6 and closed at $24.5, up by 3.6% from last closing price of 23.6. Live Quote…
Analysis
GoodWhale has completed an analysis of MESA ROYALTY TRUST’s financials. According to the Star Chart, MESA ROYALTY TRUST is strong in asset, dividend, growth, and profitability. We have assigned an intermediate health score of 5/10 to MESA ROYALTY TRUST with regard to its cashflows and debt, indicating that it is likely to sustain future operations in times of crisis. MESA ROYALTY TRUST is classified as a ‘gorilla’, a type of company that has achieved stable and high revenue or earnings growth due to its strong competitive advantage. Investors who may be interested in such a company include those looking for long-term capital appreciation, steady dividend payouts, and minimal risk. More…
Peers
Mesa Royalty Trust is in a highly competitive market, facing off against other major players such as Sabine Royalty Trust, Hugoton Royalty Trust, and Pacific Coast Oil Trust. All four companies are vying for a share of the oil and gas royalties market, each hoping to maximize their returns while minimizing their risks. With so much at stake, the competition between these four companies is sure to be fierce.
– Sabine Royalty Trust ($NYSE:SBR)
The Sabine Royalty Trust is a publicly traded trust that owns royalty interests in oil and gas properties located in Texas and Louisiana. It has a market cap of 1.25B as of 2023, which makes it one of the larger royalty trusts in the US. Its Return on Equity (ROE) is 628.33%, indicating that the trust has been able to generate a high rate of return from its investments. The trust was established to pay out income from the production of oil and gas properties it owns to the trust’s unitholders. The trust’s assets are managed by Sabine Royalty Company, which is owned by the trust’s unitholders.
– Hugoton Royalty Trust ($OTCPK:HGTXU)
The Hugoton Royalty Trust is a publicly traded royalty trust that provides investors with a steady stream of income generated from the oil and natural gas production of certain properties owned by the trust. The trust has a market capitalization of 65.6 million dollars as of 2023 and a return on equity of -0.51%. This indicates that the trust is not generating profits, but rather is being supported by the income from the oil and gas production. The trust distributes payments to its shareholders from the net profits generated from these properties on a regular basis.
Summary
Mesa Royalty Trust is a trust that provides investors with a steady source of income through its quarterly dividend payments. Investing in trust allows investors to gain exposure to the energy market without having to take on the risk associated with direct ownership of wells or production operations. Mesa Royalty Trust is considered an attractive option for income-seeking investors, as its dividend payments have historically been higher than most other similar trusts.
Furthermore, the trust’s stock price has typically moved up on the day that it goes ex-dividend, offering investors an opportunity to purchase shares at a discounted rate. Investors should be aware of the risks associated with investing in trusts such as Mesa Royalty Trust, such as the potential for reduced dividends or the liquidation of the trust if the underlying assets decline in value.
