Permianville Royalty Trust (PVL) To Go Ex-Dividend on January 30th

Permianville Royalty Trust (NYSE:PVL) declared a monthly dividend on Tuesday, January 20th. Investors of record on Friday, January 30th will be paid a dividend of 0.015 per share on Friday, February 13th. This represents a c) dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Friday, January 30th.

Permianville Royalty Trust has decreased its dividend by an average of 0.2%per year over the last three years.

Permianville Royalty Trust Price Performance

Shares of NYSE PVL opened at $1.78 on Thursday. Permianville Royalty Trust has a 1 year low of $1.30 and a 1 year high of $2.04. The company has a market capitalization of $58.58 million, a price-to-earnings ratio of 25.36 and a beta of 0.08. The business has a 50-day moving average of $1.80 and a two-hundred day moving average of $1.84.

Permianville Royalty Trust (NYSE:PVL) last announced its quarterly earnings results on Friday, November 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $11.57 million during the quarter. Permianville Royalty Trust had a return on equity of 5.04% and a net margin of 4.44%.

Permianville Royalty Trust Company Profile

Permianville Royalty Trust is a passive investment vehicle that holds overriding royalty interests in oil and gas properties located primarily in the Permian Basin of West Texas and southeastern New Mexico. Organized as a statutory royalty trust, it provides investors with exposure to production revenues from established hydrocarbon reservoirs without engaging directly in exploration or development activities.

The trust’s assets consist of net profits interests in wells that produce crude oil, natural gas and natural gas liquids.