PermRock Royalty Trust (NYSE:PRT – Get Free Report) declared a monthly dividend on Friday, September 20th, NASDAQ reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.03 per share on Tuesday, October 15th. This represents a $0.36 annualized dividend and a yield of 8.90%. The ex-dividend date of this dividend is Monday, September 30th.
PermRock Royalty Trust Trading Up 1.3 %
PRT stock opened at $4.05 on Friday. The business’s 50-day moving average price is $4.01 and its two-hundred day moving average price is $4.00. The firm has a market cap of $49.29 million, a PE ratio of 9.64 and a beta of 0.99. PermRock Royalty Trust has a 1-year low of $3.58 and a 1-year high of $6.99.
PermRock Royalty Trust (NYSE:PRT – Get Free Report) last posted its quarterly earnings data on Friday, August 9th. The company reported $0.11 earnings per share for the quarter. The company had revenue of $1.67 million during the quarter. PermRock Royalty Trust had a return on equity of 6.99% and a net margin of 85.38%.
About PermRock Royalty Trust
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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