DIVIDEND ANNOUNCEMENT: Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) on 09/20/2019 declared a dividend of $0.0400 per share

Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) on 09/20/2019 declared a dividend of $ 0.0400 per share payable on October 15, 2019 to shareholders of record as of September 30, 2019. Dividend amount recorded is a decrease of $ 0.0034 from last dividend Paid.

Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) has paid dividends since 1990, has a current dividend yield of 9.5530395508% and has increased its dividends for 3 successive years.

Units Ben Int/Permian Basin Royalty Trust's market cap is $ 229,311,619 and has a PE ratio of 10.04. The stock price closed yesterday at $ 4.92 and has a 52 week low/high of $ 4.71 and $ 8.50.

Permian Basin Royalty Trust is an express trust. Simmons Bank is the trustee for Co. The net overriding royalties conveyed to Co. includes: a net overriding royalty in Southland Royalty Company'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.

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