Chesapeake Granite Wash Trust (CHKR) To Go Ex-Dividend on February 19th

Chesapeake Granite Wash Trust (OTCMKTS:CHKR) announced a quarterly dividend on Tuesday, February 4th,NASDAQ Dividends reports. Shareholders of record on Wednesday, February 19th will be given a dividend of 0.0109 per share on Monday, March 3rd. This represents a $0.04 annualized dividend and a yield of 8.48%. The ex-dividend date of this dividend is Wednesday, February 19th.

Chesapeake Granite Wash Trust Stock Down 3.9 %

CHKR stock opened at $0.51 on Monday. The business has a fifty day moving average of $0.48 and a two-hundred day moving average of $0.45. The stock has a market cap of $24.04 million, a price-to-earnings ratio of 5.14 and a beta of 0.51. Chesapeake Granite Wash Trust has a 52-week low of $0.34 and a 52-week high of $0.72.

About Chesapeake Granite Wash Trust

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.