PermRock Royalty Trust (NYSE:PRT – Get Free Report) announced a monthly dividend on Friday, September 20th, NASDAQ reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.03 per share on Tuesday, October 15th. This represents a $0.36 annualized dividend and a dividend yield of 9.19%. The ex-dividend date of this dividend is Monday, September 30th.
PermRock Royalty Trust Price Performance
Shares of PRT stock opened at $3.92 on Friday. The firm has a 50-day moving average of $4.01 and a 200-day moving average of $4.01. The company has a market cap of $47.71 million, a P/E ratio of 9.33 and a beta of 0.99. PermRock Royalty Trust has a one year low of $3.58 and a one year high of $6.99.
PermRock Royalty Trust (NYSE:PRT – Get Free Report) last announced its earnings results on Friday, August 9th. The company reported $0.11 EPS for the quarter. PermRock Royalty Trust had a net margin of 85.38% and a return on equity of 6.99%. The company had revenue of $1.67 million during the quarter.
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.
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