Cross Timbers Royalty Trust Announces Q4 2024 Distribution
Ticker: CRT · Form: 8-K · Filed: Feb 18, 2025 · CIK: 881787
| Field | Detail |
|---|---|
| Company | Cross Timbers Royalty Trust (CRT) |
| Form Type | 8-K |
| Filed Date | Feb 18, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: distribution, royalty, income
TL;DR
CRT paying out $0.16/unit on March 14th from Q4 2024 net profits.
AI Summary
Cross Timbers Royalty Trust announced its quarterly cash distribution for the fourth quarter of 2024 on February 18, 2025. The trust will distribute $0.160000 per unit, payable on March 14, 2025, to unitholders of record as of March 3, 2025. This distribution is derived from the net profits attributable to the Trust's overriding royalty interest for the period ending December 31, 2024.
Why It Matters
This filing provides unitholders with information on their expected cash payout from the trust's royalty interests, directly impacting their investment returns.
Risk Assessment
Risk Level: low — This is a routine distribution announcement, not indicating any significant operational or financial changes.
Key Numbers
- $0.16 — Per Unit Distribution (Cash distribution for Q4 2024)
- March 14, 2025 — Payment Date (Date unitholders will receive funds)
- March 3, 2025 — Record Date (Date to be a unitholder of record to receive distribution)
Key Players & Entities
- Cross Timbers Royalty Trust (company) — Registrant
- February 18, 2025 (date) — Date of Report
- $0.160000 (dollar_amount) — Per unit distribution amount
- March 14, 2025 (date) — Payment date
- March 3, 2025 (date) — Record date
- December 31, 2024 (date) — Period end date for net profits
- Argent Trust Company (company) — Trustee
FAQ
What is the specific amount of the cash distribution per unit for the fourth quarter of 2024?
The trust will distribute $0.160000 per unit.
When will the cash distribution be paid to unitholders?
The distribution will be paid on March 14, 2025.
What is the record date for determining unitholders entitled to the distribution?
The record date is March 3, 2025.
What period do the net profits for this distribution cover?
The net profits are attributable to the period ending December 31, 2024.
Who is acting as the trustee for Cross Timbers Royalty Trust?
Argent Trust Company is the trustee.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on February 18, 2025 regarding CROSS TIMBERS ROYALTY TRUST (CRT).