Cross Timbers Royalty Trust Announces $0.0369 Dividend Per Share – Market Impact on Ex-Dividend Date November 28, 2025

Introduction

Cross Timbers Royalty Trust (CRT) continues to reinforce its reputation as a stable and reliable income source for dividend-seeking investors. On the ex-dividend date of November 28, 2025, CRT will distribute a cash dividend of $0.0369 per share. This consistent payout aligns with the company’s long-standing dividend policy, which is characterized by predictable cash flows from its oil and gas royalty interests. In the current low-interest-rate environment, CRT’s yield becomes increasingly attractive compared to many equity peers in the energy space.

Dividend Overview and Context

Investors should be familiar with key terms such as dividend per share (DPS) and ex-dividend date to understand the mechanics of CRT’s payout. On the ex-dividend date, new buyers of CRT shares will no longer be eligible to receive the upcoming dividend. The market typically adjusts the share price downward by the dividend amount on this date, reflecting the transfer of value from the company to shareholders.

CRT’s cash dividend of $0.0369 per share is modest but stable, especially in comparison to other royalty trusts that may experience volatility due to commodity price fluctuations. The ex-dividend date of November 28, 2025, is expected to see a small price adjustment, but the broader market impact is likely to be limited given the trust’s strong earnings performance and predictable cash flows.

Backtest Analysis

The backtest analysis of CRT’s dividend history spans 36 dividend events and reveals strong performance following ex-dividend dates. On average, CRT’s share price recovers the dividend amount in just 1.35 days, with an 86% probability of full recovery within 15 days. This rapid rebound indicates that the market views CRT’s dividend as highly sustainable and reliable.

The backtest also highlights CRT’s low downside risk in dividend capture strategies, making it a strategic choice for investors seeking predictable returns with limited exposure to price drops post-ex-dividend. The results reflect strong market confidence and reinforce CRT’s position as a top-tier income stock.

Driver Analysis and Implications

CRT’s ability to maintain its dividend is supported by strong operating performance in its latest financial report. Total revenue reached $5.147 million, with operating income of $4.360 million. These figures highlight the trust’s consistent cash flow generation from its oil and gas royalty assets.

Net income and income from continuing operations also came in at $4.360 million, with earnings per share (EPS) of $0.7267. These results indicate that CRT is generating sufficient earnings to support its dividend while maintaining a conservative payout ratio. The trust’s strong administrative efficiency, as seen in its $0.787 million in marketing, selling, and general administrative expenses, also contributes to its profitability and sustainability.

On a macroeconomic level, CRT benefits from continued demand for energy and the trust’s exposure to long-term production from mature oil and gas assets. The stability of these cash flows allows CRT to remain resilient in fluctuating market conditions and maintain its dividend through cycles of commodity price volatility.

Investment Strategies and Recommendations

For short-term investors, CRT presents an opportunity for dividend capture strategies, particularly for those seeking low-risk, high-probability income plays. Given the backtest’s 86% recovery rate within 15 days, entering the stock just before the ex-dividend date and exiting shortly after the dividend is paid could yield a modest but reliable return.

Long-term investors may consider CRT as a core holding in a diversified income portfolio. The trust’s predictable cash flows, low expense ratio, and high recovery probability post-dividend make it a compelling addition for those prioritizing income stability and downside protection.

Conclusion & Outlook

Cross Timbers Royalty Trust’s November 2025 dividend announcement of $0.0369 per share reinforces its role as a dependable income generator. The ex-dividend date on November 28 is expected to see minimal price pressure, with strong historical evidence suggesting a rapid and reliable rebound. Investors looking to capitalize on the dividend should plan accordingly, and those with a long-term income focus may want to keep CRT on their watchlist for future dividend events.