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Units Ben Int/Permian Basin Royalty Trust Dividend Announcement
(NYSE:PBT), www.pbt-permian.com
DIVIDEND ANNOUNCEMENT: Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) on 11/19/2018 declared a dividend of $0.0500 per share
Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) on 11/19/2018 declared a dividend of $ 0.0500 per share payable on December 14, 2018 to shareholders of record as of November 30, 2018. Dividend amount recorded is a decrease of $ 0.0051 from last dividend Paid.
Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) has paid dividends since 1990, has a current dividend yield of 9.1922016144% and has increased its dividends for 2 successive years.
Units Ben Int/Permian Basin Royalty Trust's market cap is $ 334,652,620 and has a PE ratio of 10.88. The stock price closed yesterday at $ 7.18 and has a 52 week low/high of $ 6.95 and $ 10.30.
Permian Basin Royalty Trust is an express trust. Southwest Bank is the trustee for Co. The net overriding royalties conveyed to Co. included: a 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 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 Units Ben Int/Permian Basin Royalty Trust click here.
Dividend Ex Date: November 29, 2018
Dividend Record Date: November 30, 2018
Dividend Payment Date: December 14, 2018
Dividend Amount: $ 0.0500
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