Permian Basin Royalty Trust (NYSE:PBT) Announces Dividend of $0.01

Permian Basin Royalty Trust (NYSE:PBT) declared a dividend on Sunday, June 22nd, investing.com reports. Stockholders of record on Tuesday, July 1st will be given a dividend of 0.013 per share by the oil and gas producer on Tuesday, July 15th. This represents a dividend yield of 1.3%. The ex-dividend date is Monday, June 30th.

Permian Basin Royalty Trust Stock Down 0.9%

Shares of Permian Basin Royalty Trust stock opened at $11.96 on Monday. The firm has a market cap of $557.46 million, a PE ratio of 24.41 and a beta of 0.55. Permian Basin Royalty Trust has a twelve month low of $8.01 and a twelve month high of $14.26. The business has a 50-day moving average price of $10.66 and a 200 day moving average price of $10.79.

Permian Basin Royalty Trust (NYSE:PBT) last announced its quarterly earnings data on Wednesday, May 14th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $3.07 million for the quarter. Permian Basin Royalty Trust had a return on equity of 12,661.40% and a net margin of 93.60%.

Permian Basin Royalty Trust Company Profile

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.