BP Prudhoe Bay Royalty Trust (NYSE:BPT) opened at 19.75 on Monday. BP Prudhoe Bay Royalty Trust has a 52-week low of $11.29 and a 52-week high of $44.42. The stock has a market capitalization of $422.63 million, a P/E ratio of 6.93 and a beta of 0.06. The company’s 50-day moving average price is $18.23 and its 200 day moving average price is $16.24.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 20th. Shareholders of record on Sunday, October 16th will be paid a dividend of $0.6793 per share. This represents a $2.72 annualized dividend and a yield of 13.76%. The ex-dividend date of this dividend is Wednesday, October 12th. BP Prudhoe Bay Royalty Trust’s payout ratio is currently 96.48%.
BP Prudhoe Bay Royalty Trust Company Profile
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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