Permianville Royalty Trust (PVL) to Issue Dividend of $0.01 on April 14th

Permianville Royalty Trust (NYSE:PVL) declared a dividend on Monday, March 17th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.0085 per share on Monday, April 14th. The ex-dividend date is Monday, March 31st.

Permianville Royalty Trust Price Performance

Shares of PVL stock opened at $1.52 on Wednesday. The firm’s 50-day moving average is $1.47 and its two-hundred day moving average is $1.52. Permianville Royalty Trust has a 12 month low of $1.03 and a 12 month high of $1.96. The company has a market capitalization of $50.16 million, a PE ratio of 7.24 and a beta of 0.89.

About Permianville Royalty Trust

Permianville Royalty Trust operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico.