Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) declared a monthly dividend on Monday, November 18th,Wall Street Journal reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.0217 per share by the oil and gas producer on Friday, December 13th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Friday, November 29th.
Permian Basin Royalty Trust has increased its dividend payment by an average of 36.7% per year over the last three years.
Permian Basin Royalty Trust Stock Performance
PBT stock opened at $13.01 on Wednesday. Permian Basin Royalty Trust has a 1-year low of $10.14 and a 1-year high of $19.18. The business has a 50-day moving average price of $11.68 and a 200 day moving average price of $11.61.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on PBT
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.
Featured Articles
- Five stocks we like better than Permian Basin Royalty Trust
- What is the Australian Securities Exchange (ASX)
- Dutch Bros’ Growth Perks: Can This Coffee Stock Hit New Highs?
- Where Do I Find 52-Week Highs and Lows?
- Rocking the Charts: Why Live Nation Could Hit New Highs
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Don’t Miss a Second Chance to Buy These 2024 Winners for 2025
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.
