Cross Timbers Royalty Price, Forecast, Insider, Ratings, Fundamentals & Signals

Dallas , april 19, 2024 /prnewswire/ -- argent trust company, as trustee of the cross timbers royalty trust (the "trust") (nyse:crt), today declared a cash distribution to the holders of its units of beneficial interest of $0.135867 per unit, payable on may 14, 2024, to unitholders of record on april 30, 2024. the following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

Dallas , march 18, 2024 /prnewswire/ -- argent trust company, as trustee of the cross timbers royalty trust (the "trust") (nyse:crt), today declared a cash distribution to the holders of its units of beneficial interest of $0.019390 per unit, payable on april 12, 2024, to unitholders of record on march 28, 2024. the following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

Dallas , feb. 16, 2024 /prnewswire/ -- argent trust company, as trustee of the cross timbers royalty trust (the "trust") (nyse:crt), today declared a cash distribution to the holders of its units of beneficial interest of $0.114156 per unit, payable on march 14, 2024, to unitholders of record on february 29, 2024. the following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

Dallas , jan. 19, 2024 /prnewswire/ -- argent trust company, as trustee of the cross timbers royalty trust (the "trust") (nyse:crt), today declared a cash distribution to the holders of its units of beneficial interest of $0.115323 per unit, payable on february 14, 2024, to unitholders of record on january 31, 2024. the following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

Dallas , dec. 18, 2023 /prnewswire/ -- argent trust company, as trustee of the cross timbers royalty trust (the "trust") (nyse:crt), today declared a cash distribution to the holders of its units of beneficial interest of $0.142897 per unit, payable on january 16, 2024, to unitholders of record on december 29, 2023. the following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

CT Real Estate Investment Trust (CTRRF) Q4 2023 Earnings Call Transcript

The latest monthly distribution is $0.115323. Production and prices dropped from the prior month for both natural gas and oil. The monthly news releases lack needed data for investors to make rational investment decisions.

Cross Timbers Royalty Trust stock has underperformed the S&P 500 since my latest article, shedding 15% while the index remained flat. However, the stock remains risky. The outlook for oil and gas markets suggests lower prices in the upcoming years due to the shift towards renewable energy sources.

CT REIT saw its AFFO increase by more than 6% and is on track to generate C$1.15-1.20 in AFFO per share this year. This means the stock is trading at less than 13 times the AFFO. The payout ratio is just 75% which means CT REIT is retaining plenty of cash to fund additional investments and/or strengthen its balance sheet.

Investing in monthly dividend stocks could prove to be invaluable. In fact, these financial vehicles can potentially serve as a lucrative source of recurring passive income.

Renewable sources would contribute to a healthier environment, but cannot replace hydrocarbons because these commodities are strategic and too important for countries for geopolitical reasons. The market will continue to bet on oil and gas and the assets that depend on those commodities such as Cross Timbers Royalty Trust.

With banking sector fears once again dominating headlines, investors should consider the consistent passive income potential of monthly dividend stocks to buy. Typically, companies that provide passive income do so on a quarterly basis.

Cross Timbers Royalty Trust offers relatively steady monthly dividends based on oil and gas revenues, and has a forward yield of ~8%. The trust fluctuates in value with oil and gas prices, but I believe the dividend is overall safe and appropriate for those wanting income from the energy markets.

CT REIT is the real estate division of Canadian Tire, one of the most recognized brands in Canada and an investment grade tenant. CRT.UN has increased the distribution on an annual basis since it was spun off from Canadian Tire in 2013.

Cross Timbers Royalty Trust is a dependable income stock with a consistent 4-year average dividend yield of 10.20%. The stock price has shown a high tendency to follow the rise and fall of Oil and Gas prices, thus proving to be highly cyclical and volatile.