DIVIDEND ANNOUNCEMENT: Units Ben Int/BP Prudhoe Bay Royalty Trust (NYSE:BPT) on 10/04/2019 declared a dividend of $0.3348 per share

Units Ben Int/BP Prudhoe Bay Royalty Trust (NYSE:BPT) on 10/04/2019 declared a dividend of $ 0.3348 per share payable on October 21, 2019 to shareholders of record as of October 18, 2019. Dividend amount recorded is a decrease of $ 0.2163 from last dividend Paid.

Units Ben Int/BP Prudhoe Bay Royalty Trust (NYSE:BPT) has paid dividends since 1990, has a current dividend yield of 24.8329639435% and has increased its dividends for 2 successive years.

Units Ben Int/BP Prudhoe Bay Royalty Trust's market cap is $ 192,172,000 and has a PE ratio of 1.70. The stock price closed yesterday at $ 8.98 and has a 52 week low/high of $ 7.30 and $ 37.20.

BP Prudhoe Bay Royalty Trust is a business trust. The Bank of New York Mellon Trust Company, N.A. is the trustee of Co. The property of Co. consists of an overriding royalty interest (the Royalty Interest) and cash and cash equivalents held by the trustee from time to time. The Royalty Interest entitles Co. to a royalty on 16.4246% of the lesser of the first 90,000 barrels of the average actual daily net production of crude oil and condensate per quarter from the working interest of BP Exploration (Alaska) Inc. in the Prudhoe Bay oil field located on the North Slope in Alaska or the average actual daily net production of crude oil and condensate per quarter from that working interest.

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