PermRock Royalty Trust (NYSE:PRT – Get Free Report) declared a monthly dividend on Friday, March 21st, NASDAQ Dividends reports. Investors 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 yield of 11.09%. The ex-dividend date is Monday, March 31st.
PermRock Royalty Trust Price Performance
Shares of PRT opened at $4.33 on Friday. PermRock Royalty Trust has a 1 year low of $3.26 and a 1 year high of $4.63. The company has a 50 day simple moving average of $4.21 and a two-hundred day simple moving average of $3.99. The firm has a market cap of $52.67 million, a P/E ratio of 10.31 and a beta of 0.95.
PermRock Royalty Trust (NYSE:PRT – Get Free Report) last released its quarterly earnings data on Friday, March 28th. The company reported $0.11 EPS for the quarter. PermRock Royalty Trust had a net margin of 85.33% and a return on equity of 6.93%. The business had revenue of $1.47 million during the quarter.
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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