Enduro Royalty Trust (ndro) Plans $0.04 Dividend
Enduro Royalty Trust (NYSE:ndro) announced a dividend on Tuesday, September 20th. Shareholders of record on Friday, September 30th will be given a dividend of 0.037 per share on Monday, October 17th. The ex-dividend date is Wednesday, September 28th.
Separately, Zacks Investment Research upgraded shares of Enduro Royalty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, June 29th.
Enduro Royalty Trust (NYSE:NDRO) opened at 3.433 on Wednesday. The firm has a 50-day moving average of $3.42 and a 200-day moving average of $3.45. The company has a market cap of $113.29 million, a price-to-earnings ratio of 9.753 and a beta of 0.68. Enduro Royalty Trust has a 52 week low of $1.77 and a 52 week high of $4.06.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/enduro-royalty-trust-ndro-plans-0-04-dividend.html
An institutional investor recently raised its position in Enduro Royalty Trust stock. JPMorgan Chase & Co. boosted its position in shares of Enduro Royalty Trust (NYSE:NDRO) by 8,771.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,219 shares of the company’s stock after buying an additional 45,698 shares during the period. JPMorgan Chase & Co. owned approximately 0.14% of Enduro Royalty Trust worth $171,000 at the end of the most recent quarter. 57.68% of the stock is owned by institutional investors.
Enduro Royalty Trust Company Profile
Enduro Royalty Trust (the Trust) is a statutory trust formed by Enduro Resource Partners LLC (Enduro), as trustor, The Bank of New York Mellon Trust Company, N.A. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The Trust was created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro as of the date of the conveyance of the net profits interest to the Trust (the Net Profits Interest).
Receive News & Ratings for Enduro Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enduro Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.