DIVIDEND ANNOUNCEMENT: Tr Unit/PermRock Royalty Trust (NYSE:PRT) on 07/21/2023 declared a dividend of $0.0397 per share

Tr Unit/PermRock Royalty Trust (NYSE:PRT) on 07/21/2023 declared a dividend of $ 0.0397 per share payable on August 14, 2023 to shareholders of record as of July 31, 2023. Dividend amount recorded is a decrease of $ 0.0011 from last dividend Paid.

Tr Unit/PermRock Royalty Trust (NYSE:PRT) has paid dividends since 2018, has a current dividend yield of 12.7272720337% and has increased its dividends for 2 successive years.

The stock price closed yesterday at $ 6.05 and has a 52 week low/high of $ 4.10 and $ 9.35.

PermRock Royalty Trust acquires and holds the Net Profits Interest for the benefit of its unitholders. The Net Profits Interest entitles Co. to receive 80% of the net profits from the sale of oil and natural gas production from the Underlying Properties. The Underlying Properties consist of the following four operating areas: the Permian Clearfork area located in Hockley and Terry Counties, TX; the Permian Abo area located in Terry and Cochran Counties, TX; the Permian Shelf area located in Glasscock, Schleicher, Stonewall and Coke Counties, TX; and the Permian Platform area located in Ward, Crane, Terry and Ector Counties, TX.

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