Enduro Royalty Trust Declares Monthly Dividend of $0.13 (NDRO)
Enduro Royalty Trust (NASDAQ:NDRO) announced a monthly dividend on Monday, September 23rd, American Banking & Market News reports. Shareholders of record on Monday, September 30th will be paid a dividend of $0.1273 per share on Tuesday, October 15th. This represents a $1.53 annualized dividend and a dividend yield of 10.09%. The ex-dividend date is Thursday, September 26th.
On a related note, analysts at Robert W. Baird downgraded shares of Enduro Royalty Trust (NASDAQ:NDRO) from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, July 10th. They now have a $11.00 price target on the stock, down previously from $16.00.
Shares of Enduro Royalty Trust (NASDAQ:NDRO) remained flat at $15.14 during trading on Monday. The stock had a trading volume of 24,218 shares. Enduro Royalty Trust has a one year low of $14.66 and a one year high of $19.51. The stock’s 50-day moving average is $15.36 and its 200-day moving average is $15.7. The company has a market cap of $499.6 million and a P/E ratio of 10.15.
Enduro Royalty Trust (NASDAQ:NDRO) is a statutory trust.
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