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.
ILLEGAL ACTIVITY WARNING: “Mesa Royalty Trust (MTR) to Issue Monthly Dividend of $0.10 on January 31st” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://www.com-unik.info/2017/10/29/mesa-royalty-trust-mtr-to-issue-monthly-dividend-of-0-10-on-january-31st.html.
Mesa Royalty Trust Company Profile
What are top analysts saying about Mesa Royalty Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Mesa Royalty Trust and related companies.