PermRock Royalty Trust (NYSE:PRT) Announces Monthly Dividend of $0.04

PermRock Royalty Trust (NYSE:PRTGet Free Report) declared a monthly dividend on Friday, March 21st, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.04 per share on Monday, April 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 11.09%. The ex-dividend date is Monday, March 31st.

PermRock Royalty Trust Price Performance

Shares of PRT stock opened at $4.33 on Friday. The company has a market capitalization of $52.67 million, a P/E ratio of 10.31 and a beta of 0.95. The company’s 50-day simple moving average is $4.21 and its two-hundred day simple moving average is $3.99. PermRock Royalty Trust has a one year low of $3.26 and a one year high of $4.63.

PermRock Royalty Trust (NYSE:PRTGet Free Report) last released its quarterly earnings data on Friday, March 28th. The company reported $0.11 EPS for the quarter. The company had revenue of $1.47 million for the quarter. PermRock Royalty Trust had a return on equity of 6.93% and a net margin of 85.33%.

PermRock Royalty Trust Company Profile

(Get Free Report)

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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Dividend History for PermRock Royalty Trust (NYSE:PRT)

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