CROSS TIMBERS ROYALTY TRUST DECLARES NOVEMBER CASH DISTRIBUTION
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Cross Timbers Royalty Trust has announced a cash distribution of $0.092742 per unit for November, payable on December 13, 2024, to unitholders of record on November 29, 2024.
November 18, 2024 | 1:15 pm
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Cross Timbers Royalty Trust declared a cash distribution of $0.092742 per unit for November, indicating a steady income stream for investors.
The announcement of a cash distribution is a positive signal for investors, indicating a steady income stream. This can lead to a short-term positive impact on the stock price as it reflects the company's ability to generate cash flow and reward its investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100