DIVIDEND ANNOUNCEMENT: Trust Unit/Permianville Royalty Trust (NYSE:PVL) on 09/16/2019 declared a dividend of $0.0440 per share

Trust Unit/Permianville Royalty Trust (NYSE:PVL) on 09/16/2019 declared a dividend of $ 0.0440 per share payable on October 15, 2019 to shareholders of record as of September 30, 2019. Dividend amount recorded is an increase of $ 0.0234 from last dividend Paid.

Trust Unit/Permianville Royalty Trust (NYSE:PVL) has paid dividends since 2011, has a current dividend yield of 13.5245904922% and has increased its dividends for 0 successive years.

Trust Unit/Permianville Royalty Trust's market cap is $ 80,520,000 and has a PE ratio of 6.76. The stock price closed yesterday at $ 2.44 and has a 52 week low/high of $ 1.70 and $ 3.71.

Permianville Royalty Trust is a statutory trust, engaged in acquiring and holding for the benefit of its unitholders a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico. The production and development of oil and natural gas from properties are located in the Rockies, the Permian Basin of west Texas and southeastern New Mexico, and the Arklatex region of Texas and Louisiana.

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