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

Permianville Royalty Trust (NYSE:PVL) announced a dividend on Monday, March 17th, NASDAQ Dividends reports. Shareholders 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 Price Performance

NYSE PVL traded down $0.03 during midday trading on Tuesday, hitting $1.52. 61,956 shares of the company traded hands, compared to its average volume of 79,037. The company has a market cap of $50.16 million, a PE ratio of 7.24 and a beta of 0.89. The company’s 50-day simple moving average is $1.47 and its 200-day simple moving average is $1.53. Permianville Royalty Trust has a 52 week low of $1.03 and a 52 week high of $1.96.

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.