Permian Basin Royalty Trust (NYSE:PBT) Announces Dividend Increase – $0.02 Per Share

Posted by Don Miller on Jun 18th, 2026

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) announced a monthly dividend on Thursday, June 18th. Investors of record on Tuesday, June 30th will be given a dividend of 0.0247 per share by the oil and gas producer on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, June 30th. This is a 21.2% increase from Permian Basin Royalty Trust’s previous monthly dividend of $0.02.

Permian Basin Royalty Trust has increased its dividend payment by an average of 0.1%per year over the last three years.

Permian Basin Royalty Trust Stock Performance

PBT stock traded down $0.33 during trading on Thursday, hitting $25.07. The stock had a trading volume of 205,086 shares, compared to its average volume of 134,200. The company’s 50 day moving average price is $25.84 and its two-hundred day moving average price is $21.41. Permian Basin Royalty Trust has a 1-year low of $11.78 and a 1-year high of $32.25. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 78.34 and a beta of 0.49.

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) last released its earnings results on Thursday, May 14th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter. Permian Basin Royalty Trust had a net margin of 88.99% and a return on equity of 9,061.81%. The company had revenue of $3.57 million for the quarter.

Permian Basin Royalty Trust Company Profile

(Get Free Report)

Permian Basin Royalty Trust (NYSE: PBT) is a passive investment vehicle that holds overriding royalty interests in oil and gas properties located in the Permian Basin region of West Texas. Established in 1980 by Apache Oil Company, the Trust does not engage in exploration or production activities. Instead, it owns net profit interests on specified acreage, allowing unitholders to participate directly in the cash flows generated by hydrocarbon extraction without bearing the costs or risks associated with day-to-day field operations.

The Trust’s interests cover acreage predominantly in Reeves and Loving Counties, where mature wells have been developed over several decades.