PermRock Royalty Trust (NYSE:PRT – Get Free Report) announced a monthly dividend on Tuesday, August 20th, Zacks reports. Shareholders of record on Friday, August 30th will be given a dividend of 0.04 per share on Monday, September 16th. This represents a $0.48 annualized dividend and a yield of 11.14%. The ex-dividend date is Friday, August 30th.
PermRock Royalty Trust Price Performance
PermRock Royalty Trust stock opened at $4.31 on Wednesday. PermRock Royalty Trust has a fifty-two week low of $3.58 and a fifty-two week high of $6.99. The firm’s 50 day simple moving average is $3.97 and its 200-day simple moving average is $4.06. The company has a market cap of $52.44 million, a P/E ratio of 10.19 and a beta of 0.99.
PermRock Royalty Trust (NYSE:PRT – Get Free Report) last posted its quarterly earnings data on Friday, August 9th. The company reported $0.11 EPS for the quarter. PermRock Royalty Trust had a net margin of 85.38% and a return on equity of 6.99%. The firm had revenue of $1.67 million during the quarter.
PermRock Royalty Trust Company Profile
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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