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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 07/19/2019 declared a dividend of $0.0442 per share

July 19, 2019

Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) on 07/19/2019 declared a dividend of $ 0.0442 per share payable on August 14, 2019 to shareholders of record as of July 31, 2019. Dividend amount recorded is an increase of $ 0.0045 from last dividend Paid.

Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) has paid dividends since 1990, has a current dividend yield of 8.9552230835% and has increased its dividends for 3 successive years.

Units Ben Int/Permian Basin Royalty Trust's market cap is $ 249,824,240 and has a PE ratio of 9.75. The stock price closed yesterday at $ 5.36 and has a 52 week low/high of $ 5.26 and $ 9.45.

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.

Units Ben Int/Permian Basin Royalty Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: July 19, 2019
Dividend Ex Date: July 30, 2019
Dividend Record Date: July 31, 2019
Dividend Payment Date: August 14, 2019
Dividend Amount: $ 0.0442
 
 

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