Media stories about Chesapeake Granite Wash Trust (NYSE:CHKR) have been trending somewhat negative on Monday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Chesapeake Granite Wash Trust earned a news impact score of -0.08 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 44.9549333471024 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
The company also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Monday, August 21st were given a $0.0949 dividend. The ex-dividend date was Thursday, August 17th. This represents a $0.38 annualized dividend and a dividend yield of 18.08%. Chesapeake Granite Wash Trust’s payout ratio is 108.57%.
About Chesapeake Granite Wash Trust
Chesapeake Granite Wash Trust (the Trust) is a trust formed to own royalty interests for the benefit of Trust unit holders. The royalty interests held by the Trust (Royalty Interests) are derived from Chesapeake Energy Corporation’s (Chesapeake) interests in specified oil and natural gas properties located in the Colony Granite Wash play in Washita County.
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