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

Permian Basin Royalty Trust (NYSE:PBT - Get Free Report) declared a dividend on Sunday, June 22nd, investing.com reports. Investors 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 yield of 1.3%. The ex-dividend date is Monday, June 30th.

Permian Basin Royalty Trust Stock Performance

Shares of PBT stock traded down $0.09 during mid-day trading on Wednesday, hitting $12.05. The company's stock had a trading volume of 112,907 shares, compared to its average volume of 140,638. The company has a market cap of $561.65 million, a PE ratio of 24.59 and a beta of 0.56. The company's fifty day simple moving average is $10.82 and its 200-day simple moving average is $10.81. Permian Basin Royalty Trust has a 52 week low of $8.01 and a 52 week high of $14.26.

Permian Basin Royalty Trust (NYSE:PBT - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The oil and gas producer reported $0.06 earnings per share 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.