BP Prudhoe Bay Royalty Trust (NYSE:BPT) saw unusually large options trading on Tuesday. Traders bought 1,357 put options on the company. This is an increase of 658% compared to the typical daily volume of 179 put options.
NYSE BPT opened at $23.60 on Thursday. BP Prudhoe Bay Royalty Trust has a 12 month low of $18.55 and a 12 month high of $27.95. The company has a market capitalization of $502.90, a P/E ratio of 6.53 and a beta of -0.72.
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 20th. Investors of record on Monday, April 16th will be issued a $1.2748 dividend. The ex-dividend date of this dividend is Friday, April 13th. This is a boost from BP Prudhoe Bay Royalty Trust’s previous quarterly dividend of $1.23. This represents a $5.10 dividend on an annualized basis and a yield of 21.61%.
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BP Prudhoe Bay Royalty Trust Company Profile
BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. The company holds overriding royalty interest comprising a non-operational interest in minerals in the Prudhoe Bay oil field located on the North Slope of Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres.
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