DIVIDEND ANNOUNCEMENT: Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) on 12/20/2019 declared a dividend of $0.0389 per share

Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) on 12/20/2019 declared a dividend of $ 0.0389 per share payable on January 15, 2020 to shareholders of record as of December 31, 2019. Dividend amount recorded is a decrease of $ 0.0001 from last dividend Paid.

Units Ben Int/Permian Basin Royalty Trust (NYSE:PBT) has paid dividends since 1990, has a current dividend yield of 10.1449279785% and has increased its dividends for 3 successive years.

Units Ben Int/Permian Basin Royalty Trust's market cap is $ 192,961,260 and has a PE ratio of 8.81. The stock price closed yesterday at $ 4.14 and has a 52 week low/high of $ 3.50 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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