Thursday Is Your Last Chance To Buy Cross Timbers Royalty Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Cross Timbers Royalty (NYSE:CRT) has announced a monthly dividend of 19.36 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on August 14, 2023.
July 25, 2023 | 2:45 pm
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Cross Timbers Royalty has announced a dividend payout, which will likely cause the stock to trade lower on the ex-dividend date.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. As Cross Timbers Royalty has announced a dividend of 19.36 cents per share, it is likely that the stock will trade lower by approximately this amount on the ex-dividend date.
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