Permian Basin Royalty Trust (NYSE:PBT) to Issue Dividend of $0.04

Permian Basin Royalty Trust (NYSE:PBT) declared a dividend on Friday, July 21st, Fidelity reports. Stockholders of record on Monday, July 31st will be given a dividend of 0.0408 per share by the oil and gas producer on Monday, August 14th. The ex-dividend date of this dividend is Thursday, July 27th.

Permian Basin Royalty Trust has decreased its dividend by an average of 24.6% per year over the last three years.

Permian Basin Royalty Trust (PBT) traded up 1.42% on Friday, hitting $9.31. The stock had a trading volume of 84,510 shares. The company has a 50 day moving average of $9.08 and a 200 day moving average of $9.21. The company has a market capitalization of $433.92 million, a PE ratio of 16.54 and a beta of 0.58. Permian Basin Royalty Trust has a 12-month low of $6.10 and a 12-month high of $10.30.

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Permian Basin Royalty Trust Company Profile

Permian Basin Royalty Trust is an express trust. The Company’s Waddell Ranch Properties has mineral interests in the Waddell Ranch. Its Waddell Ranch properties have proved reserves in six fields: Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell.

Dividend History for Permian Basin Royalty Trust (NYSE:PBT)

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