Permian Basin Royalty Trust (NYSE:PBT) announced a monthly dividend on Monday, October 21st, Fidelity reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.0277 per share by the oil and gas producer on Friday, November 15th. This represents a $0.33 annualized dividend and a dividend yield of 8.27%. The ex-dividend date is Wednesday, October 30th.
Permian Basin Royalty Trust stock traded down $0.01 during midday trading on Monday, hitting $4.02. 1,198 shares of the company’s stock were exchanged, compared to its average volume of 169,388. Permian Basin Royalty Trust has a 12 month low of $3.98 and a 12 month high of $8.50. The company has a market cap of $187.83 million, a PE ratio of 8.22 and a beta of 0.82. The firm has a 50-day moving average of $4.69 and a two-hundred day moving average of $5.57.
Permian Basin Royalty Trust (NYSE:PBT) last announced its quarterly earnings data on Thursday, August 8th. The oil and gas producer reported $0.09 EPS for the quarter. Permian Basin Royalty Trust had a net margin of 95.52% and a return on equity of 4,958.15%. The firm had revenue of $4.77 million during the quarter.
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, University-Waddell, and Waddell fields located in Crane County, Texas.
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