Mesa Royalty Trust (NYSE:MTR) on 08/20/2018 declared a dividend of $ 0.0850 per share payable on October 31, 2018 to shareholders of record as of August 31, 2018. Dividend amount recorded is an increase of $ 0.0406 from last dividend Paid.

Mesa Royalty Trust (NYSE:MTR) has paid dividends since 1990, has a current dividend yield of 8.98% and has increased its dividends for 1 successive years.

Mesa Royalty Trust's market cap is $ 26,788,290 and has a PE ratio of 10.65. The stock price closed yesterday at $ 14.37 and has a 52 week low/high of $ 12.25 and $ 19.85.

Mesa Royalty Trust holds an overriding royalty interest equal to 90% of the net proceeds attributable to the specified interests in certain oil and gas properties located in the Hugoton field of Kansas, the San Juan Basin field of New Mexico and Colorado, and the Yellow Creek field of Wyoming. The Bank of New York Mellon Trust Company, N.A. is the trustee of Co. The Hugoton Royalty Properties are operated by Pioneer Natural Resources USA, Inc. In addition, substantially all of the San Juan Basin Royalty Properties located in New Mexico are operated by ConocoPhillips, and substantially all of the San Juan Basin Royalty Properties located in Colorado are operated by BP Amoco Company.

For more information on Mesa Royalty Trust click here.