Mesa Royalty Trust (MTR) to Issue Monthly Dividend of $0.10 on January 31st

Mesa Royalty Trust (NYSE:MTR) announced a monthly dividend on Friday, October 20th, Wall Street Journal reports. Stockholders of record on Tuesday, October 31st will be given a dividend of 0.0998 per share by the energy company on Wednesday, January 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date is Monday, October 30th.

Mesa Royalty Trust has decreased its dividend by an average of 36.1% per year over the last three years and has increased its dividend every year for the last 3 years.

Shares of Mesa Royalty Trust (NYSE MTR) opened at 15.40 on Friday. The firm has a market cap of $28.69 million, a P/E ratio of 11.69 and a beta of 0.92. Mesa Royalty Trust has a 52-week low of $8.90 and a 52-week high of $17.30. The stock’s 50 day moving average is $15.08 and its 200-day moving average is $13.62.

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Mesa Royalty Trust Company Profile

Dividend History for Mesa Royalty Trust (NYSE:MTR)

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