Cross Timbers Royalty Trust reported its financial results for the first quarter of 2025. The trust declared a distributable income of $1.784 million, which was paid out in distributions over the months of February, March, and April 2025. This represents an increase from the $1.493 million distributed in the same period the previous year. The trust's corpus at the end of the period was $2.347 million, down from $2.621 million at the end of the first quarter of 2024. Gross income per unit for the first quarter totaled $0.379635, with deductions for severance taxes and administration expenses bringing the net to $0.297323 per unit of beneficial interest. The trust's assets included cash and short-term investments amounting to $1.937 million as of March 31, 2025, an increase from $1.369 million at the end of 2024. The increase in cash and short-term investments is attributed to the interest income of $12,006 received during the quarter. No specific outlook or guidance for future performance was provided in the report.
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