Permianville Royalty Trust (NYSE:PVL) Announces $0.01 Dividend

Permianville Royalty Trust (NYSE:PVL) announced a dividend on Monday, March 17th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.0085 per share on Monday, April 14th. The ex-dividend date of this dividend is Monday, March 31st.

Permianville Royalty Trust Trading Down 1.9 %

Shares of PVL traded down $0.03 during midday trading on Tuesday, hitting $1.52. 61,956 shares of the company’s stock traded hands, compared to its average volume of 79,037. Permianville Royalty Trust has a 1 year low of $1.03 and a 1 year high of $1.96. The firm’s fifty day moving average is $1.47 and its 200-day moving average is $1.53. The stock has a market capitalization of $50.16 million, a price-to-earnings ratio of 7.24 and a beta of 0.89.

Permianville Royalty Trust Company Profile

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.