Permianville Royalty Trust (PVL) To Go Ex-Dividend on November 29th

Permianville Royalty Trust (NYSE:PVL) declared a monthly dividend on Monday, November 18th,Wall Street Journal reports. Investors of record on Friday, November 29th will be given a dividend of 0.0105 per share on Friday, December 13th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 8.00%. The ex-dividend date is Friday, November 29th.

Permianville Royalty Trust Stock Performance

NYSE:PVL opened at $1.58 on Wednesday. Permianville Royalty Trust has a fifty-two week low of $1.03 and a fifty-two week high of $2.04. The company has a 50 day simple moving average of $1.59 and a two-hundred day simple moving average of $1.50. The company has a market capitalization of $51.98 million, a PE ratio of 6.56 and a beta of 0.83.

About Permianville Royalty Trust

Permianville Royalty Trust operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico.