Chesapeake Granite Wash Trust (OTCMKTS:CHKR – Get Free Report) announced a dividend on Monday, November 4th, NASDAQ reports. Stockholders of record on Tuesday, November 19th will be given a dividend of 0.0267 per share on Friday, November 29th. The ex-dividend date is Tuesday, November 19th. This is an increase from Chesapeake Granite Wash Trust’s previous dividend of $0.02.
Chesapeake Granite Wash Trust Price Performance
OTCMKTS:CHKR opened at $0.45 on Wednesday. The company has a market capitalization of $20.13 million, a PE ratio of 4.46 and a beta of 0.44. Chesapeake Granite Wash Trust has a 52-week low of $0.34 and a 52-week high of $0.90. The stock’s 50 day moving average price is $0.42 and its 200 day moving average price is $0.44.
Chesapeake Granite Wash Trust (OTCMKTS:CHKR – Get Free Report) last released its quarterly earnings results on Monday, August 12th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $1.25 million for the quarter. Chesapeake Granite Wash Trust had a return on equity of 41.19% and a net margin of 61.39%.
Chesapeake Granite Wash Trust Company Profile
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. It has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area.
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