BP Prudhoe Bay Royalty Trust (NYSE:BPT) declared a quarterly dividend on Friday, January 4th, Zacks reports. Investors of record on Wednesday, January 16th will be paid a dividend of 1.003 per share by the oil and gas company on Tuesday, January 22nd. This represents a $4.01 annualized dividend and a yield of 15.45%. The ex-dividend date is Tuesday, January 15th.
BP Prudhoe Bay Royalty Trust has decreased its dividend by an average of 3.4% annually over the last three years and has increased its dividend every year for the last 2 years.
Shares of BPT stock opened at $25.96 on Thursday. BP Prudhoe Bay Royalty Trust has a 1-year low of $17.00 and a 1-year high of $37.23. The firm has a market cap of $492.63 million, a P/E ratio of 5.03 and a beta of -0.20.
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About BP Prudhoe Bay Royalty Trust
BP Prudhoe Bay Royalty Trust engages in owning and administering the royalty interest. The company was founded on February 28, 1989 and is headquartered in Houston, TX.
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