CROSS TIMBERS ROYALTY TRUST DECLARES JANUARY CASH DISTRIBUTION
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Cross Timbers Royalty Trust has announced a cash distribution of $0.095045 per unit, payable on February 14, 2025, to unitholders of record on January 31, 2025.
January 21, 2025 | 1:15 pm
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POSITIVE IMPACT
Cross Timbers Royalty Trust declared a cash distribution of $0.095045 per unit, payable on February 14, 2025. This announcement is likely to positively impact the stock price in the short term as it reflects the company's ability to generate cash flow and reward its unitholders.
The declaration of a cash distribution indicates that Cross Timbers Royalty Trust is generating sufficient cash flow to reward its unitholders. This is generally seen as a positive signal by the market, likely leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100