Permian Basin Royalty Trust (PBT) to Issue Dividend of $0.02 on June 13th

Posted by Michael Walen on May 26th, 2025

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) announced a dividend on Saturday, May 24th, investing.com reports. Shareholders of record on Monday, June 2nd will be paid a dividend of 0.0188 per share by the oil and gas producer on Friday, June 13th. This represents a yield of 2.01%. The ex-dividend date is Friday, May 30th.

Permian Basin Royalty Trust has raised its dividend payment by an average of 28.8% per year over the last three years.

Permian Basin Royalty Trust Stock Up 1.3%

Shares of PBT stock opened at $11.21 on Monday. The firm has a market cap of $522.49 million, a P/E ratio of 14.37 and a beta of 0.56. Permian Basin Royalty Trust has a 12-month low of $8.01 and a 12-month high of $14.26. The business has a 50-day moving average price of $9.98 and a two-hundred day moving average price of $11.00.

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The oil and gas producer reported $0.06 EPS for the quarter. Permian Basin Royalty Trust had a net margin of 96.32% and a return on equity of 17,811.24%. The business had revenue of $3.07 million for the quarter.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Permian Basin Royalty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, February 20th.

Get Our Latest Analysis on PBT

About Permian Basin Royalty Trust

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Permian Basin Royalty Trust, an express trust, holds royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties, including Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell fields in Crane County, Texas.