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 given a dividend of 0.03 per share on Tuesday, October 15th. This represents a $0.36 annualized dividend and a dividend yield of 8.90%. The ex-dividend date of this dividend is Monday, September 30th.
PermRock Royalty Trust Trading Up 1.3 %
Shares of NYSE:PRT opened at $4.05 on Friday. PermRock Royalty Trust has a 12 month low of $3.58 and a 12 month high of $6.99. The company has a market capitalization of $49.27 million, a price-to-earnings ratio of 9.64 and a beta of 0.99. The firm’s 50-day moving average is $4.01 and its 200 day moving average is $4.00.
PermRock Royalty Trust (NYSE:PRT – Get Free Report) last released its 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 firm had revenue of $1.67 million for 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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