PermRock Royalty Trust (NYSE:PRT) Plans Monthly Dividend of $0.03

by · The Cerbat Gem

PermRock Royalty Trust (NYSE:PRT – Get Free Report) announced a monthly dividend on Friday, September 20th, NASDAQ reports. Shareholders 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 dividend on an annualized basis and a yield of 8.90%. The ex-dividend date of this dividend is Monday, September 30th.

PermRock Royalty Trust Stock Up 1.3 %

PRT opened at $4.05 on Friday. The company has a market capitalization of $49.27 million, a PE ratio of 9.64 and a beta of 0.99. The firm has a 50-day simple moving average of $4.01 and a two-hundred day simple moving average of $4.00. PermRock Royalty Trust has a 52 week low of $3.58 and a 52 week high of $6.99.

PermRock Royalty Trust (NYSE:PRT – Get Free Report) last announced its quarterly earnings results on Friday, August 9th. The company reported $0.11 EPS for the quarter. PermRock Royalty Trust had a return on equity of 6.99% and a net margin of 85.38%. The company had revenue of $1.67 million during the quarter.

About PermRock Royalty Trust

(Get Free Report)

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.

Featured Stories