Permian Basin Royalty Trust (NYSE:PBT) announced a monthly dividend on Monday, July 22nd, Stock Ratings Network.com reports. Stockholders of record on Wednesday, July 31st will be paid a dividend of $0.0721 per share on Wednesday, August 14th. This represents a $0.86 annualized dividend and a dividend yield of 6.35%. The ex-dividend date is Monday, July 29th.
Permian Basin Royalty Trust (NYSE: PBT) traded down 0.22% on Monday, hitting $13.62. Permian Basin Royalty Trust has a 1-year low of $11.95 and a 1-year high of $19.40. The stock’s 50-day moving average is currently $13.25. The company has a market cap of $634.8 million and a price-to-earnings ratio of 15.67.
Permian Basin Royalty Trust (NYSE: PBT) is an express trust.