PermRock Royalty Trust (NYSE:PRT) Plans Dividend of $0.04

PermRock Royalty Trust (NYSE:PRT) declared a dividend on Friday, March 21st, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.04 per share on Monday, April 14th. The ex-dividend date is Monday, March 31st.

PermRock Royalty Trust Trading Up 1.2 %

Shares of PRT stock opened at $4.07 on Friday. The business’s fifty day simple moving average is $4.19 and its 200-day simple moving average is $3.97. The company has a market cap of $49.52 million, a PE ratio of 9.69 and a beta of 0.95. PermRock Royalty Trust has a 12-month low of $3.26 and a 12-month high of $4.63.

About PermRock Royalty Trust

PermRock Royalty Trust operates as a statutory trust. It owns interests in the oil and natural gas producing properties. The company's underlying properties include 22,394 net acres in the Permian Basin. The company was founded in 2017 and is based in Dallas, Texas.