dividend
confidence high
sentiment neutral
materiality 0.40
Cross Timbers Royalty Trust declares April cash distribution of $0.032110 per unit
CROSS TIMBERS ROYALTY TRUST
- Distribution amount $0.032110/unit payable May 14, 2025 to holders of record April 30, 2025.
- Underlying sales: oil 12,000 Bbls ($69.99/Bbl), gas 78,000 Mcf ($5.86/Mcf) for current month.
- Excess costs increased $136,000; cumulative excess costs $4.567M (incl. $1.223M interest).
- Trustee withheld $50,000 for cash reserve; plans to continue until $1.5M.