Media headlines about Hugoton Royalty Trust (NYSE:HGT) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hugoton Royalty Trust earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 48.5769892735761 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Hugoton Royalty Trust (NYSE:HGT) remained flat at $1.65 during trading on Wednesday. 111,194 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $1.73 and a 200 day moving average price of $1.82. Hugoton Royalty Trust has a 1-year low of $1.55 and a 1-year high of $2.50. The stock has a market capitalization of $66.00 million, a price-to-earnings ratio of 13.52 and a beta of -0.16.
The business also recently declared a monthly dividend, which will be paid on Tuesday, November 14th. Shareholders of record on Tuesday, October 31st will be given a dividend of $0.0069 per share. This is an increase from Hugoton Royalty Trust’s previous monthly dividend of $0.00. This represents a $0.08 annualized dividend and a yield of 4.99%. The ex-dividend date is Monday, October 30th. Hugoton Royalty Trust’s dividend payout ratio (DPR) is currently 38.46%.
About Hugoton Royalty Trust
Hugoton Royalty Trust is an express trust. The Company is created pursuant to the Hugoton Royalty Trust Indenture between XTO Energy Inc, as grantor, and NationsBank, N.A., as trustee. Southwest Bank is now the trustee of the trust of the Company. XTO Energy is a subsidiary of Exxon Mobil Corporation.