PermRock Royalty Trust (NYSE:PRT) Declares $0.05 Dividend

PermRock Royalty Trust (NYSE:PRT) declared 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 of this dividend is Tuesday, December 31st.

PermRock Royalty Trust Stock Up 1.5 %

Shares of PermRock Royalty Trust stock traded up $0.05 on Friday, hitting $3.45. The stock had a trading volume of 51,563 shares, compared to its average volume of 43,964. PermRock Royalty Trust has a one year low of $3.26 and a one year high of $5.03. The stock’s 50-day simple moving average is $3.87 and its two-hundred day simple moving average is $3.92. The stock has a market cap of $41.99 million, a price-to-earnings ratio of 8.21 and a beta of 1.01.

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.