BP Prudhoe Bay Royalty Trust (NYSE:BPT) to Issue $0.55 Quarterly Dividend

Share on StockTwits

BP Prudhoe Bay Royalty Trust (NYSE:BPT) declared a quarterly dividend on Friday, July 5th, Fidelity reports. Stockholders of record on Tuesday, July 16th will be given a dividend of 0.551 per share by the oil and gas company on Monday, July 22nd. This represents a $2.20 annualized dividend and a dividend yield of 13.89%. The ex-dividend date of this dividend is Monday, July 15th.

BP Prudhoe Bay Royalty Trust has decreased its dividend payment by an average of 3.4% annually over the last three years and has increased its dividend every year for the last 2 years.

NYSE BPT opened at $15.87 on Friday. BP Prudhoe Bay Royalty Trust has a one year low of $14.43 and a one year high of $37.23. The firm has a 50-day simple moving average of $16.62. The firm has a market cap of $339.62 million, a price-to-earnings ratio of 3.14 and a beta of -0.10.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) last posted its quarterly earnings results on Friday, May 10th. The oil and gas company reported $1.00 EPS for the quarter. BP Prudhoe Bay Royalty Trust had a net margin of 98.92% and a return on equity of 15,192.85%. The business had revenue of $21.76 million during the quarter.

Separately, TheStreet raised shares of Telefonaktiebolaget LM Ericsson from a “c” rating to a “b” rating in a report on Monday, July 8th.

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.

Featured Article: What are economic reports?

Dividend History for BP Prudhoe Bay Royalty Trust (NYSE:BPT)

Receive News & Ratings for BP Prudhoe Bay Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP Prudhoe Bay Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.