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Permian Basin Royalty Trust Dividend Announcement

(NYSE:PBT), www.pbt-permian.com

DIVIDEND ANNOUNCEMENT: Permian Basin Royalty Trust (NYSE:PBT) on 09/18/2018 declared a dividend of $0.0548 per share

September 18, 2018

Permian Basin Royalty Trust (NYSE:PBT) on 09/18/2018 declared a dividend of $ 0.0548 per share payable on October 15, 2018 to shareholders of record as of September 28, 2018. Dividend amount recorded is an increase of $ 0.0157 from last dividend Paid.

Permian Basin Royalty Trust (NYSE:PBT) has paid dividends since 1990, has a current dividend yield of 7.84% and has increased its dividends for 2 successive years.

Permian Basin Royalty Trust's market cap is $ 392,447,780 and has a PE ratio of 13.16. The stock price closed yesterday at $ 8.42 and has a 52 week low/high of $ 8.23 and $ 10.30.

Permian Basin Royalty Trust is an express trust. Southwest Bank is the trustee for Co. As of Dec 31 2016, the net overriding royalties conveyed to Co. included: a 75.0% net overriding royalty in Southland Royalty Co.'s fee mineral interest in the Waddell Ranch in Crane County, TX, including the Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell fields; and a 95.0% net overriding royalty carved out of Southland Royalty Co.'s producing royalty properties in Texas, including the Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock and Seminole fields.

For more information on Permian Basin Royalty Trust click here.

Permian Basin Royalty Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: September 18, 2018
Dividend Ex Date: September 27, 2018
Dividend Record Date: September 28, 2018
Dividend Payment Date: October 15, 2018
Dividend Amount: $ 0.0548
 
 

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