Cross Timbers Royalty Trust (CRT)
NYSE NYSE Primary 
The Iran War Sent Oil Above $100. These 3 Royalty Trusts Are Quietly Paying Double Digit Yields Because of It
[key points] Oil is back in the headlines, and royalty trusts are quietly soaking up the rebound.
CT Real Estate Investment Trust (CRT.UN:CA) Shareholder/Analyst Call Prepared Remarks Transcript
CT Real Estate Investment Trust (CRT.UN:CA) Shareholder/Analyst Call Prepared Remarks Transcript
CT Real Estate Investment Trust (CRT.UN:CA) Q1 2026 Earnings Call Transcript
CT Real Estate Investment Trust (CRT.UN:CA) Q1 2026 Earnings Call Transcript
CT REIT: Expect More Dividend Increases
CT Real Estate Investment Trust offers a 5.5% yield, supported by robust AFFO growth and a conservative payout ratio. Over 90% of CRT.UN's rent comes from Canadian Tire under triple net leases, aligning interests and providing stable cash flows. Retained AFFO fully funds a C$330 million development pipeline, supporting continued low single-digit AFFO and distribution growth through the decade.
CT Real Estate Investment Trust (CRT.UN:CA) Q4 2025 Earnings Call Transcript
CT Real Estate Investment Trust (CRT.UN:CA) Q4 2025 Earnings Call Transcript
CT Real Estate Investment Trust (CRT.UN:CA) Q3 2025 Earnings Call Transcript
CT Real Estate Investment Trust ( CRT.UN:CA ) Q3 2025 Earnings Call November 4, 2025 9:00 AM EST Company Participants Kevin Salsberg - President, CEO & Director Jodi Shpigel - Senior Vice-President of Real Estate Lesley Gibson - Senior VP & CFO Conference Call Participants Lorne Kalmar - Desjardins Securities Inc., Research Division Sam Damiani - TD Cowen, Research Division Michael Markidis - BMO Capital Markets Equity Research Pammi Bir - RBC Capital Markets, Research Division Presentation Operator " Kevin Salsberg President, CEO & Director " Jodi Shpigel Senior Vice-President of Real Estate " Lesley Gibson Senior VP & CFO " Lorne Kalmar Desjardins Securities Inc., Research Division " Desjardins Securities Inc. Sam Damiani TD Cowen, Research Division " TD Cowen Michael Markidis BMO Capital Markets Equity Research " BMO Capital Markets Pammi Bir RBC Capital Markets, Research Division " RBC Capital Markets Operator Thank you for standing by. My name is Lauren Cannon, and I will be your conference operator today.
Cross Timbers Royalty Trust Has Become Reasonably Valued (Rating Upgrade)
Cross Timbers Royalty Trust has seen significant volatility, with a 66% plunge from its peak, making it reasonably valued long-term. The stock's performance is highly tied to oil prices, which have been negatively impacted by OPEC's production changes and global economic turmoil. Investors should wait for a lower entry point around $9.00 due to the weak oil market outlook before initiating a position.
CT REIT: This Dividend Play Features An Interesting Hidden Catalyst
CT REIT offers a solid 6%+ dividend yield, trades at a reasonable valuation, and has a strong relationship with Canadian Tire, its primary tenant. The REIT boasts a robust balance sheet, with 58% equity, 42% debt and $500M in liquidity, ensuring financial stability and growth potential. Lower Canadian interest rates enhance REIT attractiveness, potentially boosting investor interest and stock price, given the current 6.4% yield.
CT REIT: A Very Appealing Dividend Yield With A Low Payout Ratio
CT REIT's strong FFO and AFFO growth, despite higher interest expenses, supports its well-covered 6.4% dividend yield with a 75% payout ratio. The REIT retains more than C$70M annually to fund development, maintaining a low LTV ratio and stable debt levels. Trading at C$14.50, CT REIT's assets are valued at a net rental yield of 7%, with potential AFFO growth to C$1.30/unit by 2026.
CT REIT: Key Rate Cuts And Expected Earnings Growth Make This My Largest Canadian REIT Position
I am moving towards an overweight position in REITs, including CT REIT, due to decreasing interest rates and expected earnings growth. CT REIT's FFO and AFFO remain strong, with a 3.6% AFFO increase, despite higher interest expenses, thanks to rent hikes and new income-producing properties. CT REIT's dividend yield is 6.03%, with a healthy payout ratio of 73%, and a history of gradually increasing distributions.
