News headlines about Permian Basin Royalty Trust (NYSE:PBT) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Permian Basin Royalty Trust earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news coverage about the oil and gas producer an impact score of 44.2130084181169 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Permian Basin Royalty Trust (NYSE:PBT) opened at $9.37 on Friday. The stock has a market capitalization of $433.46, a PE ratio of 14.87 and a beta of 0.63. Permian Basin Royalty Trust has a 1 year low of $7.80 and a 1 year high of $10.30.
The company also recently announced a monthly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be given a $0.051 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.53%. Permian Basin Royalty Trust’s dividend payout ratio (DPR) is presently 96.83%.
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.
Receive News & Ratings for Permian Basin Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Permian Basin Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.