Permian Basin Royalty Trust (NYSE:PBT) to Issue Monthly Dividend of $0.02

Posted by Scott Moore on Jun 19th, 2026

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) announced a monthly dividend on Thursday, June 18th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.0247 per share by the oil and gas producer on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, June 30th. This is a 21.2% increase from Permian Basin Royalty Trust’s previous monthly dividend of $0.02.

Permian Basin Royalty Trust has increased its dividend by an average of 0.1%annually over the last three years.

Permian Basin Royalty Trust Stock Performance

NYSE:PBT opened at $25.07 on Friday. Permian Basin Royalty Trust has a one year low of $11.78 and a one year high of $32.25. The stock has a market cap of $1.17 billion, a PE ratio of 78.34 and a beta of 0.49. The stock has a 50 day moving average price of $25.89 and a 200 day moving average price of $21.46.

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The oil and gas producer reported $0.06 EPS for the quarter. The firm had revenue of $3.57 million for the quarter. Permian Basin Royalty Trust had a return on equity of 9,061.81% and a net margin of 88.99%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Permian Basin Royalty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Permian Basin Royalty Trust currently has an average rating of “Hold”.

Read Our Latest Stock Analysis on PBT

About Permian Basin Royalty Trust

(Get Free Report)

Permian Basin Royalty Trust (NYSE: PBT) is a passive investment vehicle that holds overriding royalty interests in oil and gas properties located in the Permian Basin region of West Texas. Established in 1980 by Apache Oil Company, the Trust does not engage in exploration or production activities. Instead, it owns net profit interests on specified acreage, allowing unitholders to participate directly in the cash flows generated by hydrocarbon extraction without bearing the costs or risks associated with day-to-day field operations.

The Trust’s interests cover acreage predominantly in Reeves and Loving Counties, where mature wells have been developed over several decades.