Permian Basin Royalty Trust (pbt) to Issue Monthly Dividend of $0.05 on December 14th
Permian Basin Royalty Trust (NYSE:pbt) declared a monthly dividend on Friday, November 18th. Shareholders of record on Wednesday, November 30th will be given a dividend of 0.047 per share on Wednesday, December 14th. This represents a $0.56 dividend on an annualized basis and a yield of 7.69%. The ex-dividend date is Monday, November 28th.
Permian Basin Royalty Trust (NYSE:PBT) opened at 7.33 on Wednesday. The firm has a 50-day moving average of $6.99 and a 200-day moving average of $6.98. Permian Basin Royalty Trust has a 12-month low of $4.20 and a 12-month high of $7.54. The firm has a market cap of $341.64 million, a P/E ratio of 22.69 and a beta of 0.71.
About Permian Basin Royalty Trust
Permian Basin Royalty Trust is an express trust. The Company’s Waddell Ranch properties have proved reserves in approximately six fields, which include Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell. The Company’s Waddell Ranch Properties have mineral interests in the Waddell Ranch in approximately 78,715 gross (34,205 net) producing acres.
Receive News & Stock Ratings for Permian Basin Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Permian Basin Royalty Trust and related stocks with our FREE daily email newsletter.