PermRock Royalty Trust (NYSE:PRT) Plans $0.04 Monthly Dividend

PermRock Royalty Trust (NYSE:PRT) announced a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Stockholders of record on Friday, January 31st will be paid a dividend of 0.0403 per share on Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 11.79%. The ex-dividend date of this dividend is Friday, January 31st.

PermRock Royalty Trust Price Performance

Shares of NYSE:PRT opened at $4.10 on Thursday. PermRock Royalty Trust has a 1 year low of $3.26 and a 1 year high of $4.76. The company’s 50 day simple moving average is $3.81 and its 200 day simple moving average is $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.