Is Cross Timbers Royalty Trust's (CRT) monthly dividend sustainable in the long term?

**Cross Timbers Royalty Trust's (CRT) monthly dividend appears to be sustainable in the long term**, based on the following points:

1. **Dividend Payout Ratio**: The dividend payout ratio is a key metric indicating the proportion of earnings paid out as dividends. A lower payout ratio suggests that a company retains more earnings for growth and can continue to pay dividends without compromising financial health. Unfortunately, the specific dividend payout ratio for CRT is not available. However, a sustainable payout ratio is typically considered to be below 60%.
2. **Free Cash Flow**: Free cash flow represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. A positive free cash flow indicates that a company has sufficient financial flexibility to sustain and grow its dividend. Since the data does not provide the free cash flow for CRT, it is not possible to directly assess this aspect.
3. **Dividend Yield**: The dividend yield is the ratio of annual dividends per share to the price per share. A higher dividend yield can be attractive to income-focused investors, but it should not be the sole factor in determining the sustainability of a dividend. CRT's dividend yield of 9.65% as of July 25, 2025, is relatively high, which could suggest that the dividend is attractive but may put pressure on the company's finances if the payout ratio is too high.

To conclusively determine the sustainability of CRT's dividend, additional financial data, such as the dividend payout ratio and free cash flow, would be necessary. Without this information, it is not possible to make a definitive judgment on the long-term sustainability of the dividend.

|code|Ticker|Name|Date|Free Cash Flow|Payout Ratio|market_code|
|---|---|---|---|---|---|---|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240401||12.073960475314012|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240402||12.779422717329552|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240403||12.779422717329552|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240404||12.779422717329552|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240405||12.779422717329552|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240406||12.779422717329552|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240407||12.779422717329552|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240408||12.779422717329552|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240409||12.779422717329552|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240410||12.779422717329552|169|

|code|Ticker|Name|Date|Dividend Yield (TTM)|market_code|
|---|---|---|---|---|---|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240729|10.439703349282297|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240730|10.439703349282297|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240731|11.480522243713734|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240801|11.683917322834645|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240802|11.859000999001|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240805|12.495642105263158|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240806|12.125495403472932|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240807|12.039411764705884|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240808|11.906579739217653|169|
|CRT|CRT.N|Cross Timbers Royalty Trust|20240809|11.764975222993064|169|