29 Nov '12, 6pm

Cross Timbers Royalty Trust

To my surprise, Cross Timbers Royalty Trust (or CRT as per its ticker symbol on NYSE) has nothing to do with timbers. One wonders why they give such a name to this trust anyway. As I speak, it is currently trading at US$26.37 and pays out a regular monthly dividend. The last dividend paid out was in October at around 18.62 cents per share. Of course, as a foreigner, one will probably incur some kind of withholding tax.

Full article: http://thefinance.sg/2012/11/30/cross-timbers-royalty-trust/

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