The Mesa Royalty Trust (MTR) Increases Dividend to $0.16 Per Share

The Mesa Royalty Trust (MTR) Increases Dividend to $0.16 Per Share

Mesa Royalty Trust (NYSE:MTR) declared a monthly dividend on Thursday, January 19th. Stockholders of record on Tuesday, January 31st will be given a dividend of 0.1572 per share on Friday, April 28th. This represents a $1.89 dividend on an annualized basis and a dividend yield of 15.46%. The ex-dividend date is Friday, January 27th. This is a positive change from Mesa Royalty Trust’s previous monthly dividend of $0.11.

Mesa Royalty Trust (NYSE:MTR) traded up 19.2207% on Thursday, hitting $12.1009. The stock had a trading volume of 43,176 shares. Mesa Royalty Trust has a 12 month low of $5.64 and a 12 month high of $12.85. The stock has a market cap of $22.54 million, a PE ratio of 20.2018 and a beta of 1.21. The firm’s 50 day moving average price is $10.75 and its 200-day moving average price is $9.73.

Mesa Royalty Trust Company Profile

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