PermRock Royalty Trust Plans Dividend of $0.05 (NYSE:PRT)

PermRock Royalty Trust (NYSE:PRT) announced a dividend on Friday, December 20th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.0503 per share on Wednesday, January 15th. The ex-dividend date is Tuesday, December 31st.

PermRock Royalty Trust Price Performance

PRT opened at $3.45 on Friday. PermRock Royalty Trust has a fifty-two week low of $3.26 and a fifty-two week high of $5.03. The company has a market cap of $41.99 million, a price-to-earnings ratio of 8.21 and a beta of 1.01. The firm has a 50 day simple moving average of $3.87 and a 200 day simple moving average of $3.92.

About PermRock Royalty Trust

PermRock Royalty Trust operates as a statutory trust. It owns interests in the oil and natural gas producing properties. The company's underlying properties include 22,394 net acres in the Permian Basin. The company was founded in 2017 and is based in Dallas, Texas.