News coverage about Permian Basin Royalty Trust (NYSE:PBT) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Permian Basin Royalty Trust earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the oil and gas producer an impact score of 46.7555311391388 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of PBT opened at $9.49 on Friday. The firm has a market cap of $443.25, a PE ratio of 15.10 and a beta of 0.52. Permian Basin Royalty Trust has a 1-year low of $7.80 and a 1-year high of $10.30.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Thursday, March 29th will be issued a dividend of $0.0745 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This is a positive change from Permian Basin Royalty Trust’s previous monthly dividend of $0.07. This represents a $0.89 dividend on an annualized basis and a dividend yield of 9.42%.
Permian Basin Royalty Trust Company Profile
Permian Basin Royalty Trust operates as a trust of Southwest Bank. It holds interests in Texas Royalty and Waddell Ranch properties. The company was founded on November 1, 1980 and is headquartered in Dallas, TX.
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