5 Best Micro-Cap Dividend Stocks To Buy Now

2. Cross Timbers Royalty Trust (NYSE:CRT)

Dividend Yield as of November 30: 8.89%

Cross Timbers Royalty Trust (NYSE:CRT) is an express trust that collects and distributes monthly net profits to shareholders. In the second quarter of 2022, the company reported cash and short-term investments worth $2.6 million, up from $1.8 million at the end of December 2021. The company’s net profits income was $3.7 million, compared with $1.7 million from the same period last year. Its distribution to unitholders amounted to $1.6 million, up from $822,744 six months ago.

On November 18, Cross Timbers Royalty Trust (NYSE:CRT) declared an 8% increase in its monthly payout to $0.161 per share. The stock has a dividend yield of 8.89%, as recorded on November 30.

As of the close of Q3 2022, Citadel Investment Group was the only hedge fund owning stakes in Cross Timbers Royalty Trust (NYSE:CRT), worth $216,000.