Permian Basin Royalty Trust (PBT) To Go Ex-Dividend on October 31st

Permian Basin Royalty Trust (NYSE:PBT) announced a monthly dividend on Tuesday, October 21st. Investors of record on Friday, October 31st will be paid a dividend of 0.02 per share by the oil and gas producer on Monday, November 17th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, October 31st.

Permian Basin Royalty Trust Stock Performance

PBT opened at $17.29 on Thursday. Permian Basin Royalty Trust has a one year low of $8.01 and a one year high of $19.52. The stock has a market capitalization of $805.65 million, a P/E ratio of 48.01 and a beta of 0.63. The business’s 50-day simple moving average is $17.41 and its 200-day simple moving average is $13.64.

Permian Basin Royalty Trust (NYSE:PBT) last released its quarterly earnings results on Wednesday, August 13th. The oil and gas producer reported $0.05 EPS for the quarter. The company had revenue of $3.11 million for the quarter. Permian Basin Royalty Trust had a return on equity of 9,737.65% and a net margin of 89.90%.

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.