BP Prudhoe Bay Royalty Trust (NYSE:BPT) announced a dividend on Thursday, October 6th. Investors of record on Sunday, October 16th will be given a dividend of 0.6793 per share on Thursday, October 20th. The ex-dividend date is Wednesday, October 12th.
Shares of BP Prudhoe Bay Royalty Trust (NYSE:BPT) opened at 19.70 on Friday. BP Prudhoe Bay Royalty Trust has a 52-week low of $11.29 and a 52-week high of $49.18. The company’s 50-day moving average price is $17.73 and its 200-day moving average price is $16.06. The firm has a market capitalization of $421.56 million, a P/E ratio of 6.91 and a beta of 0.06.
About BP Prudhoe Bay Royalty Trust
BP Prudhoe Bay Royalty Trust is a grantor trust. The property of the Trust consists of an overriding royalty interest, and cash and cash equivalents held by the Trustee from time to time. The Royalty Interest entitles the Trust to a royalty on approximately 16.42% of the lesser of first approximately 90,000 barrels of the average actual daily net production of crude oil and condensate per quarter from the working interest of BP Alaska, in the Prudhoe Bay oil field located on the North Slope in Alaska or the average actual daily net production of crude oil and condensate per quarter from that working interest.
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