PermRock Royalty Trust (NYSE:PRT – Get Free Report) announced a monthly dividend on Friday, July 19th, investing.com reports. Investors of record on Wednesday, July 31st will be paid a dividend of 0.04 per share on Wednesday, August 14th. This represents a $0.48 annualized dividend and a dividend yield of 11.83%. The ex-dividend date of this dividend is Wednesday, July 31st.
PermRock Royalty Trust Price Performance
NYSE:PRT opened at $4.06 on Tuesday. The firm has a market capitalization of $49.41 million, a P/E ratio of 9.67 and a beta of 0.99. The business has a 50 day simple moving average of $3.86 and a 200 day simple moving average of $4.14. PermRock Royalty Trust has a 12-month low of $3.58 and a 12-month high of $6.99.
PermRock Royalty Trust (NYSE:PRT – Get Free Report) last announced its quarterly earnings results on Tuesday, May 14th. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $1.31 million during the quarter. PermRock Royalty Trust had a net margin of 84.70% and a return on equity of 6.74%.
PermRock Royalty Trust Company Profile
PermRock Royalty Trust operates as a statutory trust. It owns interests in the oil and natural gas producing properties. The company's underlying properties include 22,394 net acres in the Permian Basin. The company was founded in 2017 and is based in Dallas, Texas.
See Also
- Five stocks we like better than PermRock Royalty Trust
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Should You Invest in Bonds? Here’s What to Know
- 3 Monster Growth Stocks to Buy Now
- Why This Manufacturer is Committing to a Massive Buyback Program
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Top 2 Cheap Healthcare Stocks to Buy as Sector Outperforms
Receive News & Ratings for PermRock Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PermRock Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.