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

PermRock Royalty Trust (NYSE:PRT) declared a dividend on Friday, December 20th,NASDAQ Dividends reports. Investors 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 PRT stock traded up $0.05 during trading hours on Friday, hitting $3.45. 51,563 shares of the company’s stock were exchanged, compared to its average volume of 43,964. PermRock Royalty Trust has a fifty-two week low of $3.26 and a fifty-two week high of $5.03. The firm has a market cap of $41.99 million, a P/E ratio of 8.21 and a beta of 1.01. The firm has a 50 day moving average of $3.87 and a two-hundred day 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.